Legally Sound | Smart Business

Nasir and Matt discuss the increase in the salary thresholdfor exempt employees and how employerscan try to avoid paying overtime as a result. Full Podcast Transcript NASIR: Welcome to our podcast – padcast. Welcome to our podcast where we cover business in the news and add our legal twist. My name is Nasir Pasha. MATT: And I’m Matt Staub. Padcost. NASIR: Well, we’ll have the padcost next week. Today is our podcast. But, man, huge news, right? I mean, this is something that we talked about last year – big impact for many listeners. I hope you listen carefully because this is – what is it? December 1st this new law will go into effect? MATT: Well, the date I had in mind was I was going to ask you when we talked about this last year if you can remember. NASIR: I was going to say summer. MATT: Yeah? NASIR: June? MATT: Now, I’m forgetting. I think it was July 5th but I looked earlier just to see if you’d remember. NASIR: How can you ask me the question and test me if you know the answer. I thought it wa