Items Tagged with 'salary levels'

A federal court blocked the U.S. Department of Labor’s overtime rule raising salary thresholds for eligibility, reverting the limit to $35,568 and sparking potential appeals.

As of July 1, roughly 1 million workers are newly eligible for overtime benefits with the “Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees.” 

If the Biden administration’s plans to raise the overtime salary threshold this month come to pass, it could lead to struggles for most businesses.

Of the 41 construction positions surveyed, average annual salaries ranged from $49,920 to $98,965.