The final rule is projected to redirect approximately $1.5 billion annually from employers to workers through increased pay.
In a move aimed at bolstering worker protections nationwide, the U.S. Department of Labor has unveiled a significant update to overtime pay regulations under the Fair Labor Standards Act (FLSA).This update comes amidst concerns that the previous salary threshold of $684 per week ($35,568 annually) has not kept pace with inflation, leaving many salaried work ers vulnerable to long hours w...
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