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The new rule raises the salary threshold under which salaried employees are eligible for overtime in two stages. The threshold will increase to the equivalent of an annual salary of $43,888, or ...
Wysa analyzed Bureau of Labor Statistics data to illustrate which workers will benefit the most from new overtime rules taking effect in phases this summer and at the start of 2025. The analysis ...
The Biden administration proposed a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, the most generous such increase in decades.
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.
The Labor Department rule that took effect in July improperly bases eligibility for overtime pay on ... 2025, and it had temporarily raised the threshold to about $44,000 per year on July 1 ...
Keith E. Sonderling is an American lawyer and government official. He is the nominee for United States Deputy Secretary of Labor in President Trump's second term. [1] From 2020 to 2024, he served as Commissioner of the U.S. Equal Employment Opportunity Commission. [2]
Starting July 1, employers of all sizes will be required pay overtime — time and a half salary after 40 hours a week — to salaried workers who make less than $43,888 a year in certain ...
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