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Employment Regulations

All articles tagged with #employment regulations

labor-law1 year ago

"New Federal Overtime Rules Spark Lawsuits and Business Concerns"

The U.S. Department of Labor will implement new overtime rules starting this summer, making millions of salaried workers earning $43,888 or less annually eligible for overtime pay. The threshold will increase again in 2025 and 2027, with future adjustments every three years. The changes are expected to affect 4 million workers, though some professions and states with higher thresholds are exempt.

labor-law1 year ago

"Upcoming Changes to Overtime Pay Rules: Key Points"

The U.S. Department of Labor will implement new overtime rules starting July 1, 2024, making salaried employees earning $43,888 or less annually eligible for overtime pay. This threshold will increase to $58,656 on January 1, 2025, and will be adjusted every three years thereafter. The changes are expected to make 4 million more workers eligible for overtime, though certain professions and states with higher thresholds are unaffected.