This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (WHNT) — The U.S. Department of Labor will ...

The U.S. Department of Labor last month increased the salary thresholds for the Fair Labor Standards Act white-collar exemptions from overtime pay requirements. On July 1, the minimum annual salary ...

The Wage and Hour Division of the U.S. Department of Labor recently released a rule that prospectively changes the salary threshold for exempt executive, administrative, and professional employees.

On April 23, 2024, the U.S. Department of Labor (“DOL”) issued a final rule (the “Rule”) increasing the minimum salary threshold for employees exempt from the overtime pay requirements established by ...

Imagine getting a pay raise, only to be told weeks later: Sorry, we're taking it back. That's what's happening to 306 employees at The Ohio State University now that ...

A new deduction allows workers to subtract part of their overtime wages from their 2025 taxable income, lowering some taxpayers' bills in April. However, workers will need to calculate their deduction ...

Tax cuts are in the news again, and one of the most closely watched proposals has been President Donald Trump’s push to make overtime pay tax-free for workers who put in more than 40 hours a week.

(WHNT) — The U.S. Department of Labor will set in motion new overtime rules starting this summer to allow millions of workers to be eligible for overtime pay. Under the current regulations of the Fair ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...