Court to Decide Fate of Overtime Pay Increase for Millions
Allwork
MAY 24, 2024
More specifically, the Insurance Journal reports that the rule mandates employers must pay overtime premiums to workers earning less than $1,128 per week — or about $58,600 per year — if they work more than 40 hours in a week. The current pay threshold, set by the Trump administration in 2020, stands at approximately $35,500 per year.
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