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News That Affects You

New overtime laws affects thousands of Michigan employees

 

More than 100,000 employees in Michigan will be affected by new overtime laws that will go into effect in December.

 

The law lowers the minimum threshold for salaried employees to just under $47,500 — meaning those with salaries less than that must be paid time-and-a-half for time worked past 40 hours each week.

 

The current threshold is just over $23,600.

 

Proponents say the change is long overdue but many business owners are concerned about the change believing it will have a negative impact on their profit margins.

 

 

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