Fast Company: Am I Entitled to Overtime Pay? Everything You Need to Know About the New Salary Rules

Getting a salaried job is great until you realize your bosses may now believe they own your soul and don’t need to pay overtime for it. You are always on the clock in their minds. Thankfully, a final rule announced on Tuesday by the U.S. Department of Labor (DOL) is working to change that for millions of salaried workers.

The rule amends the Fair Labor Standards Act section 13(a)(1). Under these new guidelines, lower-paid salary workers who work more than 40 hours a week will receive overtime protections. Say hello to time and a half and possibly even double time.

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The National Employment Law Project is also on board. “Rather than relying on unpaid or off-the-clock overtime hours, businesses may now choose to reassess workloads, consider hiring additional staff, and/or convert part-time workers to full-time,” the advocacy group stated in a press release. “This shift will foster both a healthier work-life balance and an environment where employees are compensated with fair pay, which can also result in new hiring.”

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Read the full article at fastcompany.com.