Highlights From CWC’s Web Workshop on DOL’s New White-Collar Overtime Regulations

May 15, 2024

 

What's New

CWC held a members-only web workshop May 7, 2024, to discuss the Labor Department’s new white-collar overtime regulations, which will take effect July 1, 2024. DOL’s rule increases the minimum amount that a salaried employee must be paid to be exempt from overtime pay—from the current $684 per week to $844 on July 1, 2024, and to $1,128 on January 1, 2025. A white-collar worker who earns less than those amounts will be entitled to overtime pay, regardless of the person’s duties. The regulations also increase the salary threshold for highly compensated employees from $107,432 to $132,964 on July 1, 2024, and to $151,164 on January 1, 2025. The salary thresholds will increase automatically every three years based on inflation.

What It Means

A recorded version of the web workshop is available on CWC’s website. Topics include employee reclassification, off-the-clock work, job-sharing, incentive pay, sales employees, and transportation worker exemptions.

What You Should Do

CWC members can consult the recording of the web workshop for information about the new white-collar overtime regulations. CWC members also can discuss these regulations with fellow members and CWC staff at one of our Conversation Corners.





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