Thomas Wassel is a labor and employment partner with the New York firm Cullen and Dykman. Tom has been advising employers on a wide range of labor and employment law matters since 1983.
The Labor Department recently announced regulation changes pertaining to overtime pay for employees and their employers. Under these new rules, those who earn salaries of less than $47,476 a year will automatically qualify for overtime pay of time-and-a-half if they work more than 40 hours a week. Once the new rules go into effect on...