Earlier this week, the U.S. Department of Labor released the final rule for overtime eligibility. The final rule is scheduled to take effect July 1, 2024, and increases the salary level needed to qualify for the FLSA’s administrative, executive, and professional exemption to $844 per week ($43,888 per year). If you would like to learn more about the new rule, check out Littler’s ASAP “Department of Labor Publishes Final Rule to Update the Salary Level for Overtime Eligibility.”
We are in the process of reviewing the final rule and will be updating Navigator OT accordingly. We will notify you when the updates have been made.
If you have any questions, please feel free to reach out to us at support@compliancehr.com.