Overtime Rule Fact Sheet

ANCOR has undertaken a thorough examination of the recently proposed Overtime Rule, which pertains to the definitions and exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees.

Within the comprehensive scope of this review, a pivotal aspect of the proposed rule centers on an administrative emphasis to elevate the federal salary threshold for overtime pay. The current threshold stands at $684 per week ($35,568 per year), and the proposed adjustment aims to raise it to $1,059 per week ($55,068 per year).