Colleges Brace for Impact of Overtime Rule
Colleges are worried about how to cover the costs of overtime pay that dozens of coaches, counselors, and other employees may soon become entitled to under a new federal rule designed to ensure they're paid equitably. The new law, a change to the Fair Labor Standards Act that takes effect in December, makes more full-time salaried employees eligible for overtime pay. Those employees who earn up to $47,000 per year will be eligible for extra pay for work over 40 hours a week; now only those who earn up to $23,000 per year are.