Get Ready for New Overtime Laws Set to Kick in This Fall
Jonathan Adler was quoted in TheStreet regarding how updated Department of Labor regulations that expand eligibility for overtime pay will affect employees in the media, fashion, film and other creative industries. On December 1, the salary cap for exempt employees will increase to $47,476 per year from the current threshold of $23,660. “I think the so-called passion industries are certainly going to be affected by these new laws,” Adler said. “I have a lot of clients calling me in these industries, that are trying to get ahead of this. These are industries that are going to be disproportionately affected."