Knowledge Is Power: Federal Overtime Pay Regulations Modified

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Knowledge Is Power: Federal Overtime Pay Regulations Modified

  • The U.S. Department of Labor expected employers to be in compliance with the new the Fair Labor Standards Act by August 23, 2004.
  • There are a variety of revised requirements that all employers should be familiar with.
  • The new exempt salary requirement is $455 per week or $23,660 per year.
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2005 Jan/Feb

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