New OT Rules To Hit Retail, Hospitality Cos. Hardest

Law360, New York (May 18, 2016, 11:53 PM EDT) -- The U.S. Department of Labor unveiled its long-anticipated changes to the overtime exemption rule Wednesday, more than doubling the salary threshold for overtime exemptions to over $47,000 and extending wage protection to millions more American workers.

Just who these workers are is unclear, but experts say a handful of industries — hospitality and retail chief among them — will likely shoulder the lion's share of wage increases when the rule changes go into effect on Dec. 1.

The new rule sets a clear blueprint for the sort of worker who can expect to see a bump in pay: managers who now...

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