Final Overtime Rules Raise Exempt Salary Threshold 65%
InterWest Insurance Services
MAY 21, 2024
After that, the threshold will be increased every three years, starting in 2028. Finally, although business groups have vowed to challenge the final rule in court, companies will need to ramp up their payroll systems to comply with the new rule. 1,128 per week ($58,656 per year) on January 1, 2025.
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