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.