Legislative lowdown: Department of Labor will extend overtime pay to 4 million salaried workers
HR Brew
APRIL 24, 2024
These thresholds will be updated every three years starting in July 2027 based on current wage data. The rule raises the annual salary threshold for white-collar (i.e. executive, administrative, and professional) employees to qualify for overtime from $35,568 to $58,656. It will be fully implemented by Jan.
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