Under the new federal rules, if an employee’s annual salary is below the new minimum salary threshold of $58,656 annually, the employee will be considered non-exempt and, therefore, eligible for overtime and/or compensatory (comp) time.
Employees exempt from overtime and receiving an annual full-time salary under $58,656 will now be considered unclassified and non-exempt.
As a result:
The new salary threshold is effective January 1, 2025, but organizations can decide to implement it before this date.
In late April 2024, the Department of Labor (DOL) announced that more United States workers would become eligible for overtime. Specifically, the change will increase the salary threshold below which employees are eligible for overtime. Effective July 1, 2024, the salary threshold increased to the equivalent of an annual salary of $43,888 and will increase to $58,656 on Jan. 1, 2025.
Employees whose employers are governed by the FLSA are either "exempt" or "non-exempt” from overtime. Non-exempt employees are eligible for overtime pay and other FLSA requirements, while exempt employees are not.
The Fair Labor Standards Act (FLSA) is a federal law administered by the Department of Labor (DOL). Among other things, the FLSA establishes minimum wage and overtime pay affecting employees in the private sector and in federal, state and local governments.
Kent State graduate and Miami Valley native Macy Hudson has been named Miss Ohio USA 2024. Hudson graduated in 2021 with a bachelor’s degree in fashion merchandising and amerchandising minor from Kent State University, and according to her LinkedIn profile is currently merchandise manager at Pure Couture Prom & Social in Dayton, Ohio. She’s also currently pursuing her MBA and is founder of 5:18 4LIFE, a nonprofit organization to bring awareness to rare blood disorders and the importance of blood donation in honor of her sister, Moriah Hudson Burrage, according to a re...
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