The U.S. Department of Labor issued the final version of an overtime exemption rule yesterday, changing who is entitled to overtime pay. Under current DOL regulations, most “white collar” employees – executives and supervisors, administrative employees, and professionals – need not be paid overtime if they perform certain “exempt” duties and earn a salary of $23,660 or more. The DOL’s new proposed rule raises this minimum salary requirement to $47,476 per year, essentially doubling it. Therefore, even if employees perform “exempt” duties, they will still be entitled to overtime if they make less than $47,476 annually. The rule becomes effective December 1, 2016.