Dol Overtime Salary Threshold 2024. Dol will raise overtime salary threshold to $44k in july, $59k next year. On wednesday, may 21, 2024, several businesses and industry groups submitted a legal challenge to the department of labor’s (“dol”) new overtime rule raising the salary.
On april 23, 2024, the u.s. The new overtime rule increases the flsa salary threshold to $43,888 annually ($844 per week), up from $35,568 ($684 per week).
Does The Final Rule Address Keeping The Earnings Thresholds Up To Date?
Notably, the case was filed in the same texas court that struck down a similar overtime rule issued by the obama administration that sought to raise the salary threshold to.
The Salary Threshold Would Increase From The Current $684 Per Week ($35,568 Per Year) To $1,059 Per Week ($55,068 Per Year)—A 55% Increase From The Current Level.
On april 11, 2024, the white house office of information and regulatory affairs (oira) announced it had concluded review of the u.s.
The Minimum Salary Threshold For The Eap Exemption Will Increase To:
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Notably, The Case Was Filed In The Same Texas Court That Struck Down A Similar Overtime Rule Issued By The Obama Administration That Sought To Raise The Salary Threshold To.
The final rule raises the minimum salary threshold for eap workers to $844 per week or $43,888 per year effective july 1, 2024, and $1,128 per week or $58,656 annually.
What Are The Salary Thresholds Under The New Final Ot Rule?