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EXEMPT vs NON-EXEMPT Employee: Update!

EXEMPT vs NON-EXEMPT Employee: Update!

It seems as though the Overtime Rule for exempt vs non-exempt will be finalized later this month. Initially filed on March 15, 2016, the Office of Management and Budget (OMB) has between 30-60 days to make their final decision. Therefore, the new rule can be revealed as early as mid-May.

Here is what we know:

* Originally the exempt salary threshold was looking to be set at $50,440 but now it is looking to be more like $47,000 (up from $23,660)

Keep watching our blogs and we’ll keep you updated as we learn more!

Stephanie Rosenberger

Stephanie has been a client advisor at KIG for more than 5 years, specializing in employee benefits and HR solutions. She loves cats and dogs, Yuengling (see picture to left), and spending time outdoors with her husband and 3 kids. She also volunteers at the Indiana County Child & Youth Services as a foster care advocate.

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