JRBT Shareholder and Payroll Systems Director of Operations Vicki Stalnaker, CPA, CPP discusses the 2024 Department of Labor (DOL) Overtime and Salary Updates in our latest video. The video highlights key changes, future updates, their impacts and items that will remain the same. Effective July 1, 2024, these updates significantly affect employers and employees.
Resources
Final Rule Information
https://www.dol.gov/agencies/whd/overtime/rulemaking
Comprehensive Chart for Executive, Administrative and Professional Exemptions
https://www.dol.gov/agencies/whd/overtime/salary-levels
Small Entity Compliance Guide
https://www.dol.gov/agencies/whd/overtime/rulemaking/small-entity-compliance-guide
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