Dol Final Overtime Rule 2024

Dol Final Overtime Rule 2024. The department’s final rule, which will go into effect on july 1, 2024, will increase the standard salary level that helps define and delimit which salaried workers. The salary level for that highly compensated exemption is also increasing, again, in two phases.

On april 23, 2024, the u.s. The initial updates to the standard salary level and hce threshold that will occur on the rule’s effective date, july 1, 2024, are determined by applying to current earnings data.