New Overtime Pay Eligibility Rule to Impact Over 4 Million U.S. Workers
Allwork
APRIL 24, 2024
Department of Labor has finalized a rule that will significantly expand overtime pay eligibility for millions of salaried workers.
Allwork
APRIL 24, 2024
Department of Labor has finalized a rule that will significantly expand overtime pay eligibility for millions of salaried workers.
Allwork
MAY 28, 2024
Open-ended exemption tests for employees dictate that individuals working for salaries hardly above the national poverty line can be exempt from overtime payments so long as their employer can create responsibilities that sound administrative. The second test is the salary test, which states that an employee must meet a salary threshold.
Allwork
MAY 24, 2024
A coalition of prominent business groups has filed a lawsuit against the Biden administration’s new overtime pay regulation. The rule, set to take effect in 2024, extends mandatory overtime pay to an additional 4 million workers by raising the salary threshold for exemption to $58,600 annually.
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