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HRM 300 – The federal annual salary threshold

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January 6th, 2018

HRM 300FLSA – On December 1st, the federal annual salary threshold for employees exempt form overtime pay will double, increasing from $47,476 from $23,660. Employees who make less than the threshold must be paid time-and-a-half for any hours worked beyond the 40-hour workweek. Many employers will not be able to increase salaried employees’ pay to the new higher amount so those employees will become exempt.

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