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October 31, 2023
U.S. Department of Labor proposes a rule to extend overtime to workers making less than $55,068
U.S. Department of Labor Proposes Rule to Extend Overtime
- An average total cost of $4,323 per entity, with a range of total costs of $1,833-$146,781 per entity.
- Average payroll increases of $2,638 per affected entity, with an estimated range of payroll cost increases of $768-$103,871.
- Estimated costs per small entity in selected industries include construction ($4,028), retail trade ($5,210), food services and drinking places ($9,332), and nonprofit ($3,570).
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