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The rule would have required employers to pay overtime premiums to salaried workers who earn less than $1,128 per week, or about $58,600 per year, when they work more than 40 hours in a week ...
The rule would have required employers to pay overtime premiums to salaried workers who earn less than $1,128 per week, or about $58,600 per year, when they work more than 40 hours in a week ...
In 2016, then-President Barack Obama asked the Labor Department to overhaul federal overtime rules and raise the salary threshold to $47,476 a year, or $913 a week. That would have roughly doubled ...
The new rule also expands overtime eligibility for some highly-compensated workers. According to a Labor Department FAQ , the current $107,432 annual threshold for highly-compensated workers is set to increase to $132,964 on July 1 and $151,164 by the start of 2025.
Some 3.6 million salaried workers would newly qualify for overtime pay under a proposed rule unveiled by the US Department of Labor on Wednesday. It would guarantee overtime pay of at least time ...
Department of Labor poster notifying employees of rights under the Fair Labor Standards Act. The Fair Labor Standards Act of 1938 29 U.S.C. § 203 [1] (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week.
The overtime rule is one of the furthest-reaching economic reforms that President Joe Biden has pursued unilaterally through the federal rulemaking process. It would dramatically expand the share ...
On the other hand, Judge Nicholas Garaufis of the Eastern District of New York has expressed concerns about the constraining effect of nationwide injunctions on future litigation, where another court might be inclined to rule the other way on the merits but cannot do so because that would conflict with the injunction issued by a sister court.