New overtime rules to affect businesses with annual gross sales of $500,000 or more.

According to Julie Tappero of West Sound Workforce,  4.1 million more workers in the U.S. will become eligible for overtime pay as of December 1, according to the Department of Labor. Of those, 76,000 workers will be in the state of Washington.

It’s estimated that this change will result in an extra $1.2 billion a year in earnings for workers. The reason for this is that the salary threshold for overtime exemption under the Fair Labor Standards Act (FLSA) is more than doubling, from $455 a week to $913 per week. This change will affect almost every business in the country.

Read more at the Kitsap Peninsula Business Journal website.