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Summary of Federal Overtime Revisions

April 30, 2004

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On April 23, 2004, the United States Department of Labor (DOL) published its final rule regarding the wage and hour overtime exemptions. Expected to become effective on August 23, 2004, the rule revises existing regulations governing the payment of overtime to employees under federal law. As noted below, the final rules vary in some significant ways from the proposed rule that was published in March 2003.

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