In the fall of 2023, the united states department of labor issued a notice of proposed rulemaking, wherein it proposed significant changes to overtime regulations. The minimum salary required to be classified as exempt from overtime.
Flsa rule changes become effective july 1, 2024. On april 23, 2024, the u.s.
In April 2024, The United States Department Of Labor (Dol) Released A Final Rule That Will Increase The Minimum Salary Amount Required To Be Paid To Certain.
Under the new rule, the total yearly compensation for highly compensated employees who are exempt from overtime pay also increases from $107,432 to.
This Protects Future Erosion Of Overtime Protections So That They Do Not Become Less Effective Over Time.
What is the new dol overtime rule in 2024?
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On April 23, 2024, The U.s.
How to communicate changes to employees.
On July 1, Most Salaried Workers Earning Less Than $844 Per Week Will Become Eligible For Overtime.
Department of labor issued a final rule today making changes to the regulations about who is eligible for overtime pay.
