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MarketWatch reports that Walmart has raised salaries for entry-level managers as a way of avoiding the impact of new overtime rules imposed by federal regulators.

According to the story, "Effective Sept. 1, pay for new and current entry-level salaried managers increased 7.8% to $48,500 from $45,000. That came three months before the Department of Labor’s new rule goes into effect. It doubles the minimum annual pay - from $23,660 to $47,476 - in which full-time salaried workers remain eligible for overtime pay."
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