What the New Overtime Rule Means for Workers - DOL Blog

Apr 23, 2024 · As these changes occur, job duties will continue to determine overtime exemption status for most salaried employees. The rule will also increase the total annual compensation requirement for highly compensated employees (who are not entitled to overtime pay under …

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Unpacking The New Final Overtime Rule: What Employers Need To …

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Sep 12, 2024 · The most significant change in the new overtime rule is the increase in the salary threshold for exempt employees. Previously, employees earning a salary of at least $455 per …

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Court Strikes Down Department Of Labor Overtime Rule Increase

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15 hours ago · On April 26, 2024, the U.S. Department of Labor (DOL) published a rule that increased the salary threshold to $844 per week ($43,888 annually), effective July 1, 2024; …

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24-34 - Labor & Industries (L&I), Washington State

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Dec 23, 2024 · Overtime exempt workers. The salary threshold used to determine if certain workers are exempt from overtime pay is going up to $1,332.80 a week ($69,305.60 a year) …

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FAQs about What the New Overtime Rule Means for Workers - DOL Blog Coupon?

What does the new FLSA overtime rule mean for salaried workers?

The department’s final rule, which will go into effect on July 1, 2024, will increase the standard salary level that helps define and delimit which salaried workers are entitled to overtime pay protections under the FLSA. ...

How does the overtime rule work?

The U.S. Department of Labor’s two-part approach to its overtime rule—providing for one raise of the salary-threshold level on July 1 and another on Jan. 1, 2025—gives employers options for adjusting the pay of their hourly employees. ...

Are more salaried workers eligible for overtime pay?

Link Copied! More salaried workers will be eligible for overtime pay. Millions of salaried workers will soon qualify for overtime pay under a final rule released by the US Department of Labor on Tuesday. The new rule raises the salary threshold under which salaried employees are eligible for overtime in two stages. ...

How will the new overtime rule affect exempt employees?

The U.S. Department of Labor’s (DOL’s) two-part approach to implementing its new overtime rule —establishing one raise of the salary-threshold level on July 1 and another on Jan. 1, 2025—gives employers options for adjusting the pay of their exempt employees. ...

Will a new overtime rule affect salaried workers?

Thankfully, a final rule announced on Tuesday by the U.S. Department of Labor (DOL) is working to change that for millions of salaried workers. The rule amends the Fair Labor Standards Act section 13 (a) (1). Under these new guidelines, lower-paid salary workers who work more than 40 hours a week will receive overtime protections. ...

What does the new overtime rule mean for high-compensated workers?

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 highly-compensated workers is set to increase to $132,964 on July 1 and $151,164 by the start of 2025. ...