Understanding the new rules for Overtime|Exempt status employees

New Overtime Exemption Rule: Answers to Your FAQs - ADP

As a result of the final rule, the minimum salary required for certain employees to be classified as exempt from overtime under federal law will ...

What the New Overtime Rule Means for Workers - DOL Blog

What the New Overtime Rule Means for Workers · 1. An employee is paid a salary, · 2. The salary is not less than a minimum salary threshold amount ...

Final Rule: Restoring and Extending Overtime Protections

Employees are exempt from the Fair Labor Standards Act's minimum wage and overtime protections if they are employed in a bona fide executive, ...

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

More white-collar workers might be eligible for overtime if the proposed new rule on ... Note that changing an exempt employee to nonexempt status includes ...

New Overtime Exemption Rule: 5 Key Facts You Need to Know - ADP

This means that to qualify for an administrative, professional and executive exemption from FLSA's overtime requirements, employees will be ...

New DOL Overtime Rule: FAQs - Paycor

Increased Salary Threshold: Effective January 1, 2025, to qualify for exemption, executive, administrative, or professional employees must earn ...

New Overtime Rule Raises Salary Level in Two Phases - SHRM

1, 2025—gives employers options for adjusting the pay of their exempt employees. Effective July 1, the Fair Labor Standards Act's (FLSA's) ...

The Department of Labor Rule Establishing Changes to Overtime ...

Keep in mind (and plan) for further salary threshold increases that are provided for in the new Rule. The minimum salary requirements for exempt ...

Understanding the new rules for Overtime-Exempt status employees

The new rules, which kicked in on July 1, 2024, increased the minimum salary for overtime-exempt workers to $43,888 annually. A second increase ...

New Overtime Rules To Affect Millions of Employees, Their Employers

The Department of Labor issued a final rule to change the minimum salary threshold and highly compensated employee threshold under the Fair ...

DOL Announces Rule Increasing Minimum Salary Threshold for ...

... exempt employees here. Unlike the DOL's proposed rule, the final rule will incrementally increase the minimum salary level for overtime exempt

New Overtime Rule 2024 | FLSA Salary Threshold Increases

UPDATE: On June 28, 2024, a Texas court halted the new DOL overtime rule for Texas state employees. The DOL new overtime rule is in effect ...

Understanding Overtime Exemptions Under the FLSA - SHRM

Minimum salary. The overtime rule raises the standard salary-threshold levels in two phases. Workers who do not earn at least $43,888 ($844 a week) as ...

New DOL Overtime Rules | Salary Threshold Changes | KS MO AR

Understanding the Classification of Exempt and Non-Exempt Employees ... The first step is to correctly classify your employees as either exempt or ...

Explaining the Department of Labor's new overtime rule that will ...

Above that level, employers can claim that workers are “exempt” from overtime pay protection if their job duties are considered executive, ...

New Federal Overtime Rule is Here! 10 Steps Employers Can Take ...

Millions of additional workers will soon be eligible for overtime pay thanks to the Labor Department's new salary threshold for certain ...

What Employers Need to Know About the New FLSA Overtime Rule

The Final Rule substantially increases the number of employees eligible for overtime pay. It is critical that employers understand the rule and ...

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

Increases the minimum salary threshold level for EAP exempt employees. The final rule increases the salary threshold required to exempt a bona ...

New DOL Exemption Rule Requires Two-Step Salary Increases ...

The DOL projected that millions of U.S. workers will forfeit their exempt status under the final rule that increases the minimum salaries in ...

New rules on overtime pay: Workforce Newsroom Special Report

... changes to FLSA guidelines, visit https://www.adp.com/spark/articles/2024/07/july-1-2024-dol-overtime-rule-temporarily-blocked-for-state-of ...