<prompt> Human: I recently received a promotion and raise which included a move to salary pay instead of hourly. However, I was just pulled into my bosses office and they say HR is moving me back to hourly because a new federal law says starting December 1st if you are salaried and make less than 47K a year, you no longer qualify to be salaried. They also said anybody else in my position at the company is being moved back as well.Now, this sounds pretty sketchy to me. I know of the law coming up at the end of the year that makes employers pay salaried employees under a certain amount overtime, but I didnt hear of this. Do I have any options? Does this mean my wife who makes 35k a year at a different company will change too? Or are they doing this for other reasons?  <response>: The law specifically has to do with who qualifies as an exempt employee and does not have to be paid overtime. In other words, as a salariedexempt employee, you might work 50 hours per week and not get paid any more than you would if you worked 40 hours a week.As an hourly employee they must track your hours and pay you overtime pay if you work more than 40 hours per week. This does not have to mean that you will be paid less or that you will have fewer benefits. If that appears to be the case here then thats something that you should certainly bring up with your company. 