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DOL Overtime Rule Struck Down, Another Big Change for Employees

HR Digest

Department of Labor has been thwarted in its attempt to expand the overtime rule after accusations of exceeding its authority. For now, the 35k overtime salary threshold remains as it was before the DOL attempted to increase it to $43k. Image: Freepik What Is the Overtime Rule under the FLSA? This is not covered by the FLSA.

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Contractor Overtime: Overtime Rules for Remote Contractors

HR Lineup

However, amidst the flexibility and convenience of remote work, questions often arise regarding overtime rules and regulations for these contractors. Understanding the intricacies of contractor overtime is crucial for both contractors and the businesses that hire them.

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Alabama Issues Guidance, Proposed Rules on Overtime Pay Exemption

PayrollOrg

The Alabama Department of Revenue has issued guidance to help employers understand the reporting requirements for the overtime pay exemption that goes into effect in 2024. The agency has also issued proposed rules.

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What to Know Before the Overtime Final Rule Takes Effect July 1

International Foundation of Employee Benefit Plans

Department of Labor (DOL) released its overtime final rule, updating the salary threshold for overtime exemptions for executive, administrative and professional (EAP) employees and highly compensated employees (HCEs). After much anticipation, on April 23, 2024, the U.S.

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New Overtime Regulations Require Employers to Pay Up

There’s a new overtime salary threshold that will impact employers across the country. Starting January 1, 2025, EAP employees making less than $58,656 a year are going to be eligible for overtime.

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New Overtime Rule for 2024: How Will it Affect Your Business?

Patriot Software

Starting in July 2024, four million new workers will become entitled to overtime pay, thanks to the Department of Labor’s (DOL) new overtime rule. What does this DOL overtime rule update mean for your small business? It may mean that you need to change your employees’ classification.

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Final Overtime Rules Raise Exempt Salary Threshold 65%

InterWest Insurance Services

Department of Labor has issued a final rule increasing the federal salary threshold for overtime exemptions by 65%, with the full increase starting in 2025. A salaried bona fide executive, administrative or professional employee must earn that amount or more if an employer wants to exempt them from federal overtime requirements.