Although it’s been in the works for years now and you’ve known about the final resolution for quite a few months, we want to remind our readers once again that the new overtime threshold also takes effect with the New Year. Beginning on January 1st, employees paid less than $35,308 on an annual basis must be paid overtime. The Department of Labor finalized the increase (from the previous annual threshold of $23,660) back in March of this year, but did not change the job duties test, so some employees may continue to be exempt if certain executive, administrative or professional characteristics are in place. We would also caution our readers that a number of states have adopted their own (often more stringent) overtime regulations so again, you are well-advised to confirm your compliance with the appropriate professionals within you state.