These changes will have significant implications for both employees and employers. For employees, some workers may be eligible for overtime pay who were not previously eligible. Employers, on the other hand, will need to reevaluate which of their employees are entitled to receive overtime pay. Employers will need to decide whether to begin paying these workers overtime or whether to increase their wages so that they are again over the minimum salary requirement. Overall, these changes will likely mean higher wages for employees and re-evaluations for employers.
To learn more about the updates to the FLSA, you can read the Department of Labor Fact Sheet.
If you have any questions on how these changes affect you, either as an employee or an employer, contact White Law PLLC!
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