Small business owners and leaders must stay informed about the evolving landscape of overtime regulations. In this guide, we’ll delve into the recent changes, their significance, and essential steps to prepare your business. What Are the New Overtime Rules? The U.S. Department of Labor (DOL) has revised overtime pay regulations, primarily focusing on the salary threshold. This threshold determines which employees qualify for overtime pay when they exceed 40 hours per week. Why Do These Changes Matter? The updated rules can substantially impact payroll costs and workforce management strategies. Employees previously exempt from overtime may now fall under the new…