DOL adopts increased minimum salary threshold for OT pay

Labor Department Increases Overtime Salary Threshold to $58K Per ...

On April 26, 2024, the Department of Labor's Wage and Hour Division (DOL) issued a final rule that will increase the minimum salary ...

DOL's New Salary Threshold Makes Millions of Employees Eligible ...

These employees do not need to be paid a minimum salary. Instead, such employees must meet two criteria: 1) their primary duty must be making ...

Biden-Harris administration finalizes rule to increase compensation ...

The July 1 increase updates the present annual salary threshold of $35,568 based on the methodology used by the prior administration in the 2019 ...

Updated: U.S. Department of Labor Increases Exempt Salary ...

Changes to the Exempt Salary Thresholds. Under the final rule, the salary threshold for executive, administrative and professional employees ...

Department of Labor Releases Final Rule Lifting the Salary ...

The rule, which takes effect on July 1, 2024, will raise the minimum salary threshold to $43,888, then on January 1, 2025 the threshold will be ...

DOL adopts increased minimum salary threshold for OT pay

The Wage and Hour Division of the U.S. Department of Labor announced a final rule increasing the salary threshold to qualify for certain ...

DOL Releases Final White-Collar Exemption Rule, Sets Minimum ...

... minimum wage and overtime pay requirements under the Fair Labor Standards Act (FLSA). The Final Rule sharply increases the minimum salary ...

Final Rule: Defining and Delimiting the Exemptions for Executive ...

That update set the standard salary level test at $684 per week (equivalent to a $35,568 annual salary) and set an HCE total annual compensation threshold of ...

Final overtime rule clears White House review - HR Dive

DOL's proposed rule, if adopted, would increase the minimum annual salary threshold that determines overtime pay eligibility under the Fair Labor Standards Act.

DOL Issues New Rule Raising Minimum Salary Thresholds for ...

The 2024 Rule raises the minimum salary threshold for covered employees to $844 per week ($43,888 per year) on July 1, 2024, and then to $1,128 ...

DOL Announces Rule Increasing Minimum Salary Threshold for ...

Further, under the final rule, the minimum salary for overtime exempt status will increase again to $58,656 per year ($1,128 per week) on ...

Fifth Circuit Holds DOL Can Set Salary Floor for White-Collar ...

The 2024 final rule, which took effect July 1, increased the minimum salary for application of the EAP exemption to $844 per week ($43,888 ...

DOL Increases the Salary Threshold for Various Overtime Exemptions

The DOL explained in a news release that this Rule would expand overtime protections “to lower-paid salaried workers.” As set forth below, the ...

ICYMI: Business Groups Sue to Block DOL Rule Increasing Salary ...

The final rule increases the minimum annual salary threshold for exempt executive, administrative, and professional (EAP) employees, as well as outside sales ...

U.S. DOL Final Overtime Rule & Salary Thresholds | Paychex

The minimum salary threshold for the EAP exemption increases to: ... The second increase sets the salary threshold nearly $3,600 more than the amount included in ...

DOL Proposes Major Increase in Required Salary Threshold ...

The FLSA requires most employees to receive the federal minimum wage and overtime pay for all hours worked over 40 in a workweek. However, the ...

New DOL Rule Aims to Increase Minimum Salary Threshold for ...

The proposed rule would raise that threshold to $55,068 per year, or not less than $1,059 per week. Additionally, the rule would adopt an ...

DOL Proposes Significant Changes to Overtime Exemptions

Under the proposed rule, the DOL would raise the minimum weekly salary threshold for the white-collar exemptions by over 50% from $684 per week ...

DOL's Final Rule Increases Salary Thresholds for Overtime Exempt ...

The rule revises the regulations issued under the Fair Labor Standards Act (FLSA) that implement the exemptions from minimum wage and overtime ...

DOL Finalizes Overtime Threshold of $35K - SBA advocacy

While this final rule is an almost 50 percent increase in the minimum salary threshold, this is a more moderate increase than a 2016 DOL final ...