On May 18, 2016, the Department of Labor announced final overtime regulations that will more than double the minimum salary floor for the federal overtime exemption from $455 weekly to $913 weekly. The new regulations are scheduled to take effect December 1, 2016. To prepare, California employers who assume certain employees are exempt from overtime and pay them on a salaried basis should immediately review their pay policies. Under California's overtime exemption rules, the wage floor is two times minimum wage for a full time employee - or approximately $800 weekly. So compliance with California's exemption rules will no longer suffice as of this December. Read more...

Business Hours