"Business Groups Challenge Biden's New Overtime Pay Rules"

1 min read
Source: WFLA
"Business Groups Challenge Biden's New Overtime Pay Rules"
Photo: WFLA
TL;DR Summary

The U.S. Department of Labor will implement new overtime rules starting this summer, making salaried employees earning $43,888 or less annually eligible for overtime pay. The threshold will increase again in 2025 and 2027, potentially qualifying 4 million more workers for overtime. Some professions and states with higher thresholds are unaffected.

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