White House unveils overtime rules, raises cutoff to $47,476

http://www.healthcaredive.com/news/white-house-unveils-overtime-rules-raises-cutoff-to-47476-1/419430/

The White House has released the much-discussed and awaited details of the new Department of Labor overtime pay rules, raising the exempt threshold from $23,660 to $47,476 per year — under which most salaried workers are guaranteed overtime.