Employment law update: DOL salary basis update effective Jan. 1, 2020

The Department of Labor (DOL) just announced that effective January 1, 2020, the minimum salary basis for workers exempt from overtime requirements will be raised from $455 per week to $684 per week (the equivalent of a raise from $23,660 to $35,568 per year for a full-year worker).  This means some 1.3 million American workers will become eligible for overtime pay, if not given a raise above the new minimum.

See the DOL Press Release here, and more info about the new rule (including links to the rule itself, FAQs, etc.) here.