New overtimes rules unveiled by the U.S. Department of Labor will impact an estimated 331,000 Florida workers, according to an article in the Tampa Bay Times. That number is out of 4.2 million workers nationwide affected by the new ruling.
The rule "doubles the eligible salary threshold for overtime from $23,660 per year to $47,476." The article ("New Labor Department overtime rule expected to jolt Florida workplace") states that businesses will have until December to comply with the Department of Labor's ruling. Employees who have made $23,660 or less a year have qualified for time-and-a-half when working more than 40 hours a week. The ruling now makes it that employees making the higher amount or less will qualify.
To read the article in its entirety, click here.
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