Major Shakeup in Federal Overtime Rules
Everything old is new again. Bottom line up top, the salary threshold for the overtime exemptions applicable to executive, administrative, and professional employees is now back to $684 per week, $35,568 per year. This was the rule established by the United States Department of Labor (DOL) prior to July 1, 2024. As of November 15, 2024, it is the rule again.