Flsa Salary Threshold 2024 Effective Date. Department of labor today announced a notice of proposed rulemaking that would restore and extend overtime protections to 3.6 million. Highly compensated employee total annual compensation threshold 2:
On tuesday, april 23, 2024, the u.s. Effective january 1, 2025, the threshold will then.
Department Of Labor (“Dol”) Published The Final Version Of A Rule Originally Proposed In September 2023, Raising The.
The changes will expand overtime.
Effective January 1, 2025, The Threshold Will Then.
Below are three articles detailing dol’s changes and suggested steps employers can take to prepare for the july 1 effective date.
What Does This Dol Overtime Rule Update Mean For Your Small Business?
Images References :
Effective July 1, 2024, The Salary Threshold Will Increase To The Equivalent Of An Annual Salary Of $43,888 And Increase To $58,656 On Jan.
The final rule made the following critical changes to the overtime requirements under the flsa:
That Marks A 23% Increase Over The Current Level.
On april 23, 2024, the u.s.
The Fair Labor Standards Act (Flsa) Requires That Executive, Administrative And Professional Positions Meet A Salary.
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