Report: New DOL Overtime Rule Heading to White House for Final Review

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The Department of Labor (DOL) proposed overtime rule is being sent to the White House this week–as early as today–for final approval, according to a report by Bloomberg Law.
The DOL announced a Notice of Proposed Rulemaking on March 7, under which employees would have to earn at least $679 a week ($35,308 a year) in order to be exempt from overtime pay for any hours worked over 40 in a workweek. That’s up from the current $455 a week ($23,660 a year) but far below the weekly salary of $913 ($47,476 a year) in the DOL rule finalized in 2016, but struck down by a federal judge in Texas a few weeks before it was to take effect.
As we reported in May, this DOL plan was met with a far more favorable reaction than the 2016…
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