EPY: U.S. Exempt Employee Salary Threshold Goes From $455 to $913 Per Week
(Doc ID 2140078.1)
Last updated on OCTOBER 10, 2018
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 8.8 SP1 and later
Information in this document applies to any platform.
The U.S. Department of Labor recently released the final rules governing which executive, administrative, and professional employees (white collar workers) are exempt from the Fair Labor Standards Act's minimum wage and overtime pay protections.
Effective December 1, 2016, the final rule raises the salary threshold to $913 a week or $47,476 a year (up from $455 a week or $23,660 a year).
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