Overtime Threshold Increase 2024. Starting july 1, the rule would increase the threshold at which executive, administrative and professional employees are exempt from overtime pay to $43,888. Starting july 1, most salaried workers who earn less than $844 per week will become eligible for overtime pay under the final rule.
Starting july 1, the rule would increase the threshold at which executive, administrative and professional employees are exempt from overtime pay to $43,888. 1, 2025, that salary threshold would.
1, 2025, That Salary Threshold Would.
For highly compensated employees, the threshold will increase to $132,964 in july 2024, and to $151,164 in january 2025.
The Rule, Proposed By The Wage And Hour Division Last August, Would Update Exemption Thresholds For Overtime Eligibility Under The Fair Labor Standards Act.
It will then increase to $58,656 on jan.
Starting July 1, Most Salaried Workers Who Earn Less Than $844 Per Week Will Become Eligible For Overtime Pay Under The Final Rule.
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Starting July 1, Most Salaried Workers Who Earn Less Than $844 Per Week Will Become Eligible For Overtime Pay Under The Final Rule.
For highly compensated employees, the threshold will increase to $132,964 in july 2024, and to $151,164 in january 2025.
