New Overtime Rules 2025 Salaried Employees. Millions more salaried workers will be eligible for overtime pay under In addition, the rule will adjust the threshold for highly compensated employees. Department of Labor (DOL) announced today that the.
New overtime rules for salaried employees Casey Peterson from www.caseypeterson.com
The final rule also increased the annual salary threshold for highly compensated employees to $132,964 on July 1, and to $151,164 effective Jan Employers will need to act quickly to ensure their pay practices align with this significant change
New overtime rules for salaried employees Casey Peterson
Beginning January 1, 2025, that threshold will rise to $1,128 per week Now, as the second increase approaches, employers should prepare for the final phase of the rule, effective January 1, 2025, when salary levels will. The final rule also increased the annual salary threshold for highly compensated employees to $132,964 on July 1, and to $151,164 effective Jan
New Overtime Rule Set to Increase Salaries for Exempt Employees. A new salary threshold for overtime eligibility that was set to impact millions of U.S Currently, salaried workers earning less than $684 per week are entitled to overtime pay
Department Of Labor New Overtime Rules 2024 Gene Florella. Employers will need to act quickly to ensure their pay practices align with this significant change The final rule also increased the annual salary threshold for highly compensated employees to $132,964 on July 1, and to $151,164 effective Jan