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Barbara Weltman

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DOL Overtime Rule

October 17, 2019 / By Barbara Weltman

The U.S. Department of Labor issued a Final Rule on overtime pay. The rule increases the weekly maximum wages that employees can receive while still being covered by the overtime rule. Effective January 1, 2020, the standard salary level increases to $684 per week ($35,568 annually), which is up from $455 per week ($23,660 annually).

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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