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New Overtime Rule Changes: Are You Ready to Move Forward?

June 27, 2016
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Companies have until December 1, 2016 to implement changes that could minimize the effects of a new Department of Labor (DOL) rule, which radically changes Fair Labor Standards Act (FLSA) overtime rules and drastically increases the salaries that employers will have to pay employees who are eligible for overtime pay.  In NJCPA article “New Overtime Rule Changes: Are You Ready to Move Forward?” New Jersey tax partner, Anand Madhusudanan, discusses the implications of these rules and options for New Jersey employers and business owners.