The Department of Labor has set the new annual salary threshold for salaried managers to receive overtime pay at $43,888 – up from the current $35,568 – the new threshold is effective July 1, which will rise again January 1 to $58,656. The National Association of Wholesaler-Distributors (NAW) strongly opposed the DOL rule and vowed to exhaust all avenues to prevent its enforcement.

Read NAW Statement