US Department of Labor imposes new salary requirements

  • Valley News & Views
    Valley News & Views
The U.S. Department of Labor announced a final ruling on extending mandatory overtime pay. This will increase the salary threshold for employees who work in a job that is currently exempt from overtime pay. The increases will come in two phases: 1. On July 1 of this year, the minimum weekly salary will increase from $684 a week to $844 a week. 2. On Jan. 1, 2025, that salary level will…

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