b'THE OFFICIAL NFBA MAGAZINENEW OVERTIME RULE IS FINALLY HERELEGALLY SPEAKINGThe U.S. Department of Labor (DOL) announced a change to the salary threshold used to determine which employees are eligible for overtime pay.BY Gary AumanNFBA Legal CounsilE ffective January 1, 2020, employees will beduring the Obama Administration, eligible for overtime pay if they make lesswhich had considered potentially than $684 per week ($35,568 per year),doubling the current threshold to regardless of whether they perform the types ofover $900 per week. duties that fall within the executive, administrative,The new rule also does not alter the duties tests and/or professional exemptions to the federalfor the so-called white collar overtime exemptions overtime rule. referenced above, and it does not contain any The current salary threshold of $455 per weekautomatic increase to the salary threshold. A ($23,660 per year) has been in effect for manyprovision containing an automatic annual increase years. The announced increase is significant,is a concept that was floated by the Obama-era but it is not to the level that had been discussedDOL as part of a new overtime rule. The new 20 /FRAME BUILDER -NOV2019'