If you have exempt employees being paid less than $913 a week ($47,476 annually), the newly released overtime exemption rules will affect you. The new rules will be effective as of December 1, 2016, and will mean that all salaried employees - regardless of their professional, managerial or administrative responsibilities - must be paid at least $47,476 annually or the equivalent to $22.83 per hour, or they will be entitled to overtime.  

If that prospect seems daunting to your budget for salaried personnel, learn more about the new rules and how to minimize their impact on your workplace with Attorney Karen C. Lefton of The Lefton Group, LLC.