Businesses are concerned that the federally proposed $20,000 increase in salaried workers' eligibility for overtime is a large-enough jump that they will struggle to comply.
The increase would mean that most salaried employees making less than $55,068 would be eligible for overtime. The current threshold, $35,568, was put into place in 2020, an increase from the previous threshold of $23,660, which had been in place since 2004. READ MORE