Overtime Rule Changes 2024. Under the terms of a new rule, which. The rule will require employers to pay overtime premiums to salaried workers who earn less than $1,128 per week, or about $58,600 per year, when they.
While the final rule may be subject to legal challenges, employers can follow these steps to prepare for the overtime rule changes and create a strategy for. This final rule presents employers with many changes in.
This Final Rule Presents Employers With Many Changes In.
Most expect the dol to publish a final version of the rule in the near future—most likely sometime in early 2024.
Barring Legal Setbacks, That Amount Will.
The rule will require employers to pay overtime premiums to salaried workers who earn less than $1,128 per week, or about $58,600 per year, when they.
Here’s A Detailed Look At What These Changes Mean And How Companies Can Prepare.
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Employers Should Be On Alert About The.
The department of labor’s final rule on overtime regulations under the flsa will take effect on july 1, 2024.
Effective July 1, 2024, An Executive, Administrative, Or Professional Employee Must Receive A Salary Equivalent To $43,888 Per Year In Order To Be Classified As Exempt.
Standard salary threshold will increase starting july 1, 2024, to $844 per week ($43,888 per year) and will increase.