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Understanding Overtime Salary Cutoff Rules in 2020

If you run a business in Texas and have employees, it is critical to learn more about the new Department of Labor overtime rule that changes the way overtime pay is handled for many employees. The new rule took effect on January 1, 2020, and it remains in effect. What does the new rule do? In short, it changes the salary threshold for overtime pay exemptions. If employees do not meet the salary threshold outlined in the new rule, the employer must classify them as non-exempt and must pay overtime hours for any hours worked beyond the 40-hour workweek. In Read more