By the attorneys of Jenkins Fenstermaker, PLLC posted in Labor and Employment on Thursday, September 22, 2016.
Do you recall that on December 1st the minimum salary for exempt employees is going to double? The current minimum is $23,660. As of December 1st, you must pay at least $47,476 to your exempt employees. If you cannot afford to do that, you will need to convert those workers into hourly employees, track their hours, and pay overtime when required.