WebApr 14, 2024 · Right now, the salary threshold requirement under the FLSA is $684 per week ($35,568 per year), significantly lower than the threshold of some state laws (for example, … WebOvertime is when you pay your employees 1.5 times their normal rate, while double time is when you pay your employees twice their normal rate. For instance, if an employee regularly earns $17, their overtime rate is $25.5 per hour, while their double time rate is $34 per hour. Overtime is required by federal law for any hours worked over 40 in ...
Salaried Exempt Employees - The “White Collar” Exemptions
WebNov 2, 2024 · On January 1, 2024, the minimum salary required to qualify for the executive/supervisor, administrative, and professional exemptions under state law … WebJun 5, 2024 · They must be paid the equivalent of $684 per week, or $35,568 per year, or more. If an employer does not pay an exempt employee at least this amount, the … kansas city missouri voting locations
Anticipated Overtime Rule Previewed - SHRM
WebNov 10, 2024 · As you plan your 2024 budgets, you may want to account for a potential increase in the exempt salary threshold under an anticipated new federal overtime rule. The Department of Labor (DOL) initially aimed to release the proposal in April and delayed it again to October — but as of today, the rule is still pending. Perhaps the rule has been … WebIn 2024, Julie Loh made $13,200 by working as a Project Appointment - Overtime Exempt at the University of Washington. ... Overtime Pay: N/A Other: N/A Benefits: N/A. Other Julie Loh Profiles Julie Loh - 2024 Check Person Salary Postdoctoral Scholar University of … WebJan 6, 2024 · That salary threshold had been set at $23,600 ($455 per week) since 2004, and DOL sent shockwaves through the employment community when it proposed — and … lawn spray service near me