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Dept. of Labor finalizes rules on overtime pay

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The U.S. Department of Labor has issued new rules that make an estimated 1.3 million more workers eligible for overtime pay. Effective in 2020, regulations state that any worker who earns less than $35,568 annually should be compensated for overtime.

How are the new rules seen as a compromise between the two political parties? And how do the regulations account for bonuses, commissions and incentive payments? Get the full details in the article from Employee Benefit News.

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