On May 18, 2016, the U.S. Department of Labor issued a new rule affecting the regulations on overtime pay: Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees.
standard salary threshold for full-time salaried "white collar" workers
(also referred to as executive, administrative or professional, or EAP,
employees) is increased from $455 per week to $913 per week (or from
the current annualized $23,660 to $47,476). This number is based on the
40th percentile of full-time salaried workers in the lowest-wage Census
region (currently the South) and will be adjusted accordingly every
three years. Read more.