Francis ScialabbaThe Department of Labor (DOL) recently rescinded a rule that would have raised the salary threshold for white-collar workers to qualify for overtime.
The rule, which was issued by President Joe Biden’s administration in April 2024, would’ve raised the annual overtime salary threshold for executive, administrative, and professional (EAP) employees from $35,568 to $58,656. It was expected to extend overtime pay to 4 million additional workers, but it never took effect due to legal challenges;
https://www.hr-brew.com/stories/dol-rescinds-biden-era-overtime-rule?utm_source=&utm_medium=syndication&utm_campaign=feed