New Overtime Rules 2024. What the final rule does. Starting on july 1, salaried employees making less than $43,888 per year, or $844 per week, will be eligible for.
On february 14, 2024, the u.s. The white house office of information and regulatory affairs (oira) completed its review of the updated federal overtime rule on april 10, 2024.
The Final Rule Raises The Minimum Salary Threshold For Eap Workers To $844.
This will increase to $58,656 on january 1, 2025.
Proposed Rule Would Ensure That More Workers Receive Extra Pay For Long Hours.
The rule’s effective date is july 1, 2024.
The Final Rule Made The Following Critical Changes To The Overtime Requirements Under The Flsa:
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The Final Rule Expands Overtime Pay Eligibility To Millions Of U.s.
Starting july 1, employers will be required pay overtime to salaried workers who make less than $43,888 a year in certain executive, administrative and professional.
Starting On July 1, Salaried Employees Making Less Than $43,888 Per Year, Or $844 Per Week, Will Be Eligible For.
Dol will raise overtime salary threshold to $44k in july, $59k next year.