Houston Business Journal
The Department of Labor issued a Notice of Proposed Rulemaking (NPRM) that proposes to increase the salary eligibility threshold under which workers will be entitled to receive overtime pay. Since 2004, employees who earn a salary less than $455 per week or $23,660 annually must be paid overtime for each hour they work in excess of forty in a work week. Employees who earn at least this salary level may be ineligible to receive overtime pay depending upon the job duties they perform.
Attached is an article by Kellen Scott on this proposal.