On Jan. 1 2020, the Fair Labors Standard Act will make employees who earn less than $35,568 eligible for overtime pay, which is redefining who is exempt from overtime regulations. Instituted by the U.S. Department of Labor (DOL), the new rule will raise the salary threshold to $684 a week ($35,568 annualized) from $455 a week ($23,660 annualized). A blocked Obama-era rule would have doubled the threshold, but a federal judge held that the DOL exceeded its authority by raising the rate too high. This new parameter is a result of the climbing wages and salaries since 2004.
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