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The new rule raises the salary threshold under which salaried employees are eligible for overtime in two stages. ... starting July 1, and then to $58,656, or $1,128 a week, on January 1, 2025 ...
As of July 1, 2024, hourly workers making the equivalent of $43,888 a year are eligible for overtime pay, up from $35,568, which will increase to $58,656 on Jan. 1, 2025.
Starting July 1, employers of all sizes will be required pay overtime — time and a half salary after 40 hours a week — to salaried workers who make less than $43,888 a year in certain ...
Harris’ claim references a 2016 effort by then-President Barack Obama to overhaul federal overtime rules and raise ... starting July 1, and then to about $58,700, or $1,128 a week, on January 1 ...
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 state of California's overtime laws differ from federal overtime laws in many respects, and they involve overlapping statutes, regulations, and precedents that govern the compensation of employees in California. Governing federal law is the Fair Labor Standards Act (29 USC 201–219) California overtime law is codified in provisions of:
Federal Labor Laws, a list from Congressional Digest. The Department in the New Deal and World War II at the US Department of Labor. Text of the Act, 41 USC 35 et seq., at the Cornell Law School Legal Information Institute. Compliance Assistance - Walsh-Healey Public Contracts Act, US Department of Labor Wage and Hour Division.
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 ...