HR Digest
NOVEMBER 19, 2024
A Texas federal judge struck down the DOL overtime rule on Friday, which means over 1 million workers could lose the overtime pay and salary hikes that they gained with the additional compensation with the DOL’s policy. For now, the 35k overtime salary threshold remains as it was before the DOL attempted to increase it to $43k.
Employee Benefits
FEBRUARY 5, 2024
Credit: muk woothimanop/Shutterstock Need to know: Green electric vehicle (EV) salary sacrifice arrangements are growing in popularity. Educate on tax savings Employers can educate staff about how the tax savings that come with a salary sacrifice electric vehicle (EV) work.
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HR Digest
MAY 23, 2023
These skills can also lead to higher salaries, as many employers are willing to pay a premium for specialized expertise. Earning : What kind of salary would you like to earn eventually? College Education is required by majority of jobs Georgetown University predicts that 70% of all jobs will require some college education by 2027.
Employee Benefits
FEBRUARY 1, 2024
The Ethical Manager Agreement 2024-2027, which applies to performers, stage management and choreographers in the independent performing arts sector, will see the minimum weekly and daily rate rise by 5% every year during the agreement’s length. From April, the minimum weekly salary will rise from the current minimum of £545 to £572.25
Employee Benefits
JULY 24, 2023
Additional support for early career researchers will be provided, such as raising the minimum salary for research fellows, improving the promotions process and supporting with visa costs.
HR Lineup
JULY 1, 2024
Department of Labor (DOL), aim to adjust the salary threshold for overtime eligibility. Increased Salary Threshold for Exempt Employees New Threshold: The salary threshold for exempt employees has been raised to $55,000 per year. First Update: The first automatic adjustment is scheduled for January 1, 2027.
HR Digest
MARCH 24, 2025
These employees typically earn a salary, not an hourly wage, and are paid above the threshold set for that period. These salaries also do not get lowered due to the quality or quantity of their work. Who Sets the Salary Threshold for Qualifying as an Exempt Employee? What Is the Minimum Salary Level for Exempt Employees in 2025?
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