And the magic number is $47,476 per year

Go figure… I post on Monday that the US-DOL hadn’t yet issued the overtime rule updates, and bam! out pops the rule on Tuesday.

The magic threshold is $47,476 per year, and that amount automatically indexes once every three years.

The Dept of Labor blithely posits that

If you need more than a simplistic meme to guide you, you might want to jump on one of the DOL’s free webinars on 5/26, 6/2 or 6/9 (or on 6/7 for non-profits), click here to register.