If you have a job in this fucked up economy and are already payroll classified as exempt (it appears non-exempt are not affected), what will you do with this? You will be able to get overtime now instead of the "unpaid work hours", but your flexibility will probably be diminished just as it is with current non-exempt status. Other than management, I know many exempt payroll status workers that put in 50+ hour work weeks, over 40 hours in a week or over 8 hours day, not paid


Here's What Happens When Salaried Employees Become Hourly
https://www.entrepreneur.com/article/276811

The Department of Labor finally released its long-awaited overtime rule, and it's likely to send a ripple of changes through workplaces between now and December -- when employers must begin to comply

The rule will automatically extend overtime pay protections to over 4 million workers within the first year of implementation, resulting in a boost to many workers’ wallets. The means: The rule doubles the minimum salary threshold to exempt an employee from overtime pay.

In general, employers have three compliance options:
•Raise non-exempt employee salaries so those people maintain their exempt status
•Reclassify hourly employees as salaried employees
•Reclassify salaried employees as hourly, adjusting their base pay in order to account for overtime.

https://www.bostonglobe.com/opinion/editorials/2016/06/04/editorial-rule-lifeline-for-middle-class/nd4SXtyBIyGYe661LUOFyH/story.html

Under the new regulations, salaried employees earning less than $47,476 annually, or $913 weekly, will have to be paid time-and-a-half after 40 hours. That’s a significant increase from the current threshold of $23,660, which has been updated just once since the 1970s — a number so pitifully low that it doesn’t meet federal poverty guidelines for a family of four, never mind qualify as managerial-level pay