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An increasing number of professionals are interested in opportunities outside the U.S. And it's not the typical globetrotter - young and unattached - looking for work overseas. So don't rule yourself out. Check here your Salary Overseas.
New York State: $10.40
12/7/16 - An Obama administration policy that would have given more white-collar workers overtime pay starting December 1, was blocked last week nationwide by a federal judge in Texas.
The new legislation would provide overtime pay to more than 4 million low paid managers, who currently don't qualify for that. At the moment, under the FLSA, if an employee makes at least $23,660 per year - or $455 per week - their employer doesn't have to pay them overtime. The new policy would raise that bar to $47,476 annually or $913 per week for a full time worker. As a result of the court's ruling, this new salary threshold will not become effective on December 1, 2016.
The Labor Department considers an appeal, but changes to the existing policy face an uncertain future under the Trump administration and the Republican controlled congress.
Some facts: when federal and state law have different minimum wage rates, the higher standard applies. And tipped workers: your overtime hourly rate can never be less than your minimum wage. Check our minimum wage section.