Department of Labor's Overtime Rules
On April 23, 2024, the Department of Labor (DOL) announced a final rule that increased the annual salary threshold for overtime pay requirements from $35,568 to $43,888. The rule includes an additional increase to $58,656 on January 1, 2025 and automatic adjustments of the salary threshold in 2027, and every three years afterward based on an undetermined formula.
- Assess and prepare for the overtime threshold annual salary level to increase from $43,888 to $58,656 on January 1, 2025.
- CUPA-HR resource page on the overtime rule specific to the concerns of colleges and universities.
- NAICU's former outside counsel, retained to assist members with implementing the Overtime Rule during the Obama Administration, developed guidance to help employers understand their options when the original rule looked imminent. This information may still be useful to institutions.
- Partnership to Protect Workplace Opportunity
- Karin Johns: Karin@NAICU.edu
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