Fair Labor Standards Act 2024 Overtime Rate. How to determine if an employee is exempt or nonexempt from the fair labor standards act minimum wage and overtime requirements. Overtime pay rate must be at least 1.5 times the employee's regular rate of pay.


Fair Labor Standards Act 2024 Overtime Rate

The new overtime rule salary threshold increases to $43,888 on july 1, 2024, and increases again to $58,656 as of jan. On april 23, 2024, the u.s.

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