Do you pay a salary to your employees and thus do not pay them for overtime? Is that salary less than $47,476? If so, a sweeping change in the law is going into effect that will impact virtually every business — regardless of size or industry. More important, this sweeping change in the law could impact South Florida businesses more than any place else.
The U.S. Department of Labor, the agency in charge of enforcing overtime laws in the United States, announced Wednesday that new overtime rules will go into effect starting Dec. 1.
