DOL Overtime Proposal with Corinne Tirone
The Department of Labor announced the proposed changes to the overtime threshold, also known as the salary basis test, will be posted to the federal register in May 2023. Employers have been patiently waiting for this guidance since April 2022. Still, this is only a proposal, so there's no telling what may happen once it goes through the necessary legal channels. Until then, we’ll cover the key facts so you can plan for its potential impact.