The U.S. Department of Labor announced on Wednesday that the threshold for salaried employees' ability to earn overtime pay would be raised on July 1st of 2024, and again on January 1st, 2025.
WASHINGTON — The U.S. Department of Labor Tuesday announced a final rule that means millions of salaried workers who are employed in the executive, administrative or professional industries will become eligible for overtime pay. The rule will affect roughly 4 million workers in the first year of implementation and will be broken into two checkpoints. […] The post Millions of salaried workers to become eligible for overtime under new Biden rule appeared first on Kentucky Lantern.
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