New Employment Law Regulation Makes Many More Employees Eligible for Overtime
The Wage and Hour Division of the United States Department of Labor has issued a new regulation vastly increasing the number of employees who are entitled to overtime.
Background
Both Federal and New Jersey employment law both require that employees must be paid one and a half times their regular hourly rate (“time and a half”) for work beyond forty hours in any week. However, there are exceptions. The major exemptions are for executive, administrative, professional, and highly compensated employees. In addition to the requirements particular to each exemption, the employees cannot be paid less than the threshold for the exemption.