{"id":2999,"date":"2019-10-22T14:38:00","date_gmt":"2019-10-22T14:38:00","guid":{"rendered":"http:\/\/bakertillyvantagen.com\/?p=2999"},"modified":"2023-05-09T14:10:11","modified_gmt":"2023-05-09T14:10:11","slug":"dol-finalizes-new-overtime-rule-heres-what-to-make-of-it","status":"publish","type":"post","link":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/","title":{"rendered":"DOL finalizes new overtime rule:  here\u2019s what to make of it"},"content":{"rendered":"\r\n<p>It\u2019s time to sharpen your pencils (again)!<br \/><br \/>The Department of Labor (DOL) has <a href=\"https:\/\/www.shrm.org\/resourcesandtools\/legal-and-compliance\/employment-law\/pages\/labor-department-issues-final-federal-overtime-rule.aspx\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"finalized (opens in a new tab)\">finalized<\/a> an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568.\u00a0 This increase is slightly higher than the $35,308 threshold proposed in March. The new regulations will also allow employers to count non-discretionary bonuses\/incentives\/commissions for up to 10% of an employee\u2019s salary level as well as increase the total annual compensation requirement for \u201chighly compensated employees\u201d from $100,000 to $107,432 per year.<br \/>\u00a0<br \/>Other key highlights of the new regulations include:<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>No automatic adjustments to the salary threshold (although the DOL does intend to propose updates periodically).<\/li>\r\n<li>No differences based upon geographic region of the country.\u00a0<\/li>\r\n<li>No changes to the duties test.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p>The change to the salary threshold will expand overtime eligibility to more than 1.3 million U.S. workers. \u00a0While this expansion is considered a win for employees, more than half of those individuals who would have been covered under the Obama proposed threshold in 2016 will not see the protection they would have been afforded by way of that proposition.\u00a0 The proposed change was challenged in court and ultimately struck down over concerns the new threshold was too high. \u00a0Unfortunately, by the time the 2016 rule was overturned, many employers had already incurred significant time and expense to ensure compliance with it.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 20px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\">What To Make of This Change<\/h3>\r\n\r\n\r\n\r\n<p>Baker Tilly Vantagen professionals can offer proactive guidance and recommendations on how to ensure compliance with this new overtime rule. \u00a0The DOL continues to focus on identifying wage and hour violations. \u00a0A major change like this provides a perfect reason to complete a full review of your workforce and mitigate any exposure to costly fines and penalties.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s time to sharpen your pencils (again)! The Department of Labor (DOL) has finalized an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568.\u00a0 This increase is slightly higher than the $35,308 threshold proposed in March. The new regulations will also allow employers to count non-discretionary bonuses\/incentives\/commissions for up to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[21,32],"class_list":["post-2999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-benefits-news","tag-benetips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DOL Finalizes New Overtime Rule for 2020: Here\u2019s What To Make Of It<\/title>\n<meta name=\"description\" content=\"The DOL finalized an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568. Other highlights of the regulation include:\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DOL Finalizes New Overtime Rule for 2020: Here\u2019s What To Make Of It\" \/>\n<meta property=\"og:description\" content=\"The DOL finalized an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568. Other highlights of the regulation include:\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/\" \/>\n<meta property=\"og:site_name\" content=\"Baker Tilly Vantagen\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-22T14:38:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-09T14:10:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2022\/08\/shutterstock_1201285813-300x200-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/person\/05b08f35fed6da9d8d3048e38f3fae5e\"},\"headline\":\"DOL finalizes new overtime rule: here\u2019s what to make of it\",\"datePublished\":\"2019-10-22T14:38:00+00:00\",\"dateModified\":\"2023-05-09T14:10:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/\"},\"wordCount\":291,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#organization\"},\"keywords\":[\"Benefits News\",\"BeneTips\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/\",\"url\":\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/\",\"name\":\"DOL Finalizes New Overtime Rule for 2020: Here\u2019s What To Make Of It\",\"isPartOf\":{\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#website\"},\"datePublished\":\"2019-10-22T14:38:00+00:00\",\"dateModified\":\"2023-05-09T14:10:11+00:00\",\"description\":\"The DOL finalized an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568. Other highlights of the regulation include:\",\"breadcrumb\":{\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sitepreviews.org\/bt-vantagen\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DOL finalizes new overtime rule: here\u2019s what to make of it\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#website\",\"url\":\"https:\/\/sitepreviews.org\/bt-vantagen\/\",\"name\":\"Baker Tilly Vantagen\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sitepreviews.org\/bt-vantagen\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#organization\",\"name\":\"Baker Tilly Vantagen\",\"url\":\"https:\/\/sitepreviews.org\/bt-vantagen\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2022\/08\/Vantagen-logo.png\",\"contentUrl\":\"https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2022\/08\/Vantagen-logo.png\",\"width\":260,\"height\":84,\"caption\":\"Baker Tilly Vantagen\"},\"image\":{\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/person\/05b08f35fed6da9d8d3048e38f3fae5e\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/71e3ef98465339630c46c8412978902cc2cf5a632a958b8484f4036d2ab4256f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/71e3ef98465339630c46c8412978902cc2cf5a632a958b8484f4036d2ab4256f?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/sitepreviews.org\/bt-vantagen\"],\"url\":\"https:\/\/sitepreviews.org\/bt-vantagen\/author\/jack_s2fdiczn\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DOL Finalizes New Overtime Rule for 2020: Here\u2019s What To Make Of It","description":"The DOL finalized an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568. Other highlights of the regulation include:","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/","og_locale":"en_US","og_type":"article","og_title":"DOL Finalizes New Overtime Rule for 2020: Here\u2019s What To Make Of It","og_description":"The DOL finalized an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568. Other highlights of the regulation include:","og_url":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/","og_site_name":"Baker Tilly Vantagen","article_published_time":"2019-10-22T14:38:00+00:00","article_modified_time":"2023-05-09T14:10:11+00:00","og_image":[{"width":300,"height":200,"url":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2022\/08\/shutterstock_1201285813-300x200-1.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/#article","isPartOf":{"@id":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/"},"author":{"name":"admin","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/person\/05b08f35fed6da9d8d3048e38f3fae5e"},"headline":"DOL finalizes new overtime rule: here\u2019s what to make of it","datePublished":"2019-10-22T14:38:00+00:00","dateModified":"2023-05-09T14:10:11+00:00","mainEntityOfPage":{"@id":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/"},"wordCount":291,"commentCount":0,"publisher":{"@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#organization"},"keywords":["Benefits News","BeneTips"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/","url":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/","name":"DOL Finalizes New Overtime Rule for 2020: Here\u2019s What To Make Of It","isPartOf":{"@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#website"},"datePublished":"2019-10-22T14:38:00+00:00","dateModified":"2023-05-09T14:10:11+00:00","description":"The DOL finalized an increase to the salary threshold for overtime eligibility from $23,660 per year to $35,568. Other highlights of the regulation include:","breadcrumb":{"@id":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/2999\/dol-finalizes-new-overtime-rule-heres-what-to-make-of-it\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sitepreviews.org\/bt-vantagen\/"},{"@type":"ListItem","position":2,"name":"DOL finalizes new overtime rule: here\u2019s what to make of it"}]},{"@type":"WebSite","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#website","url":"https:\/\/sitepreviews.org\/bt-vantagen\/","name":"Baker Tilly Vantagen","description":"","publisher":{"@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sitepreviews.org\/bt-vantagen\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#organization","name":"Baker Tilly Vantagen","url":"https:\/\/sitepreviews.org\/bt-vantagen\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/logo\/image\/","url":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2022\/08\/Vantagen-logo.png","contentUrl":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-content\/uploads\/2022\/08\/Vantagen-logo.png","width":260,"height":84,"caption":"Baker Tilly Vantagen"},"image":{"@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/person\/05b08f35fed6da9d8d3048e38f3fae5e","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sitepreviews.org\/bt-vantagen\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/71e3ef98465339630c46c8412978902cc2cf5a632a958b8484f4036d2ab4256f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/71e3ef98465339630c46c8412978902cc2cf5a632a958b8484f4036d2ab4256f?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/sitepreviews.org\/bt-vantagen"],"url":"https:\/\/sitepreviews.org\/bt-vantagen\/author\/jack_s2fdiczn\/"}]}},"_links":{"self":[{"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/posts\/2999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/comments?post=2999"}],"version-history":[{"count":3,"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/posts\/2999\/revisions"}],"predecessor-version":[{"id":3966,"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/posts\/2999\/revisions\/3966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/media\/3715"}],"wp:attachment":[{"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/media?parent=2999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/categories?post=2999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sitepreviews.org\/bt-vantagen\/wp-json\/wp\/v2\/tags?post=2999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}