Proposed Overtime Rule 2025. Businesses must prepare for a final rule that takes effect on july 1, 2024, with a more pronounced change on january 1, 2025. The society for human resource management on tuesday urged the federal government to delay implementation of its forthcoming overtime regulation until 2025.
While the final rule may be subject to legal challenges, employers can follow these steps to prepare for the overtime rule changes and create a strategy for. The dol proposed an increase to the minimum salary threshold for overtime eligibility under the flsa to $55,068.
Starting July 1, Most Salaried Workers Who Earn Less Than $844 Per Week Will Become Eligible For Overtime Pay Under The Final Rule.
New salary threshold will go into effect jan.
Department Of Labor (Dol) Published Its Overtime Final Rule Designed To Update And Revise Overtime Protections For Millions Of Workers Employed By.
With the likelihood of lawsuits challenging the department of labor’s (dol’s) new overtime rule, some hr professionals are wondering whether they should wait.
Proposed Overtime Rule 2025 Images References :
Learn About The Salary Thresholds, Implications For Employers, And Best Practices For Compliance
The final rule made the following critical changes to the overtime requirements under the flsa:
Navigating The 2024 Dol Overtime Rule.
Businesses must prepare for a final rule that takes effect on july 1, 2024, with a more pronounced change on january 1, 2025.