New Overtime Law put on Hold

overtime2The new overtime law set to take effect next week has been put on hold.
Several states had asked a judge for an injunction.
The injunction put a temporary hold on the overtime rule until the total legality is made clear.
The new law could have affected as many as 4-million workers nationwide.
The new overtime rule would have allowed people who make $47,500 or less eligible for overtime if they worked more than 40 hours during a week.
As the current rules work, companies can avoid paying overtime to full-time salaried employees making $23,660 by classifying them as “exempt.” Those particular workers would then not be entitled to overtime pay even if they work more than 40 hours per week.