What the New Overtime Rule Means for …

What The New Overtime Rule Means For …

1 week from now

On July 1, 2024: If you earn less than $844 per week ($43,888 per year), you are eligible for overtime. ...On January 1, 2025: If you earn less than $1,128 per week ($58,656 per year), you are eligible for overtime. ...Beyond 2025: The thresholds will further increase every three years beginning on July 1, 2027.

dol.gov

Overtime Rule Challenges Are Still Pending - SHRM

1 week from now

Oct 29, 2024  · In April, the U.S. Department of Labor (DOL) raised the salary threshold for white-collar exemptions from overtime requirements: first from $35,568 per year ($684 per week) to …

shrm.org

$35K Overtime Salary Threshold Back In Effect | HR Dive

1 week from now

3 days ago  · The ruling vacates DOL’s overtime rule that changed the threshold at which workers qualified for overtime from $35,568 to $43,888 effective July 1 and would have raised it to …

hrdive.com

Millions More Salaried US Workers Are Set To Be Eligible For …

1 week from now

Apr 24, 2024  · The new rule also expands overtime eligibility for some highly-compensated workers. According to a Labor Department FAQ, the current $107,432 annual threshold for …

apnews.com

US Judge Strikes Down Biden Overtime Pay Rule | Reuters

1 week from now

2 days ago  · The rule would have required employers to pay overtime premiums to salaried workers who earn less than $1,128 per week, or about $58,600 per year, when they work …

reuters.com

Frequently Asked Questions - Final Rule: Defining And Delimiting …

1 week from now

Specifically, the new $1,128 per week standard salary level is equivalent to the 35th percentile of weekly earnings of full-time salaried workers in the lowest-wage Census Region (the South), …

dol.gov

DOL Announces New Salary Thresholds For Overtime Exemptions

1 week from now

Apr 23, 2024  · Beginning July 1, 2024, the salary threshold will increase to $43,888/year from the current level of $35,568/year. Following that, the threshold level will increase to $58,656/year …

natlawreview.com

Appeals Court Affirms DOL Authority To Set Salary Threshold For …

1 week from now

2 days ago  · In its latest version of this rule – the 2024 Final Rule – the DOL increased the minimum salary threshold to qualify for potential overtime exemption to $844 per week …

jdsupra.com