DOL publishes Overtime Final Rule

From the National Council of Nonprofits:

The U.S. Department of Labor (DOL) has released its Overtime Final Rule designed to update and revise overtime protections for millions of workers employed by nonprofits, for-profits, and governments. The final rule, set to start going into effect on July 1, 2024, increases the minimum salary level that white-collar employees must be paid to exempt them from overtime pay of time and half of wages for hours worked in excess of 40 in any week.

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Thank you to the National Council of Nonprofits for this initial summary and analysis: