SHRM

www.shrm.org is a professional organization focused on promoting HR practices and workplace civility. They provide resources for employers and employees alike to stay updated on employment laws and compliance issues, including overtime eligibility rules. The site covers topics such as HR leadership development, networking opportunities, and strategies to transform businesses.

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The Daily's Verdict

This news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

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No current examples available.

Conflicts of Interest

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Contradictions

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Examples:

  • Approximately 4 million more workers will qualify for overtime when the rule is fully implemented in January 2025.
  • The salary threshold for salaried employees to be eligible for overtime will increase to $43,888 on July 1, 2024.
  • The salary threshold will further increase to $58,656 on January 1, 2025.

Deceptions

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Examples:

No current examples available.

Recent Articles

  • Biden Administration's New Overtime Rule: Millions of Workers to Receive Additional Pay for Exceeding 40-Hour Workweek

    Biden Administration's New Overtime Rule: Millions of Workers to Receive Additional Pay for Exceeding 40-Hour Workweek

    Broke On: Tuesday, 23 April 2024 The Biden administration finalized a rule expanding overtime protections, increasing the salary threshold for salaried employees to qualify for federal overtime pay exemption to $43,888 annually effective July 1, 2024. The threshold will further increase to $58,656 on January 1, 2025. Starting July 1, 2027, the salary thresholds will be updated every three years using up-to-date wage data. This rule affects approximately 4 million workers and results in an income transfer of about $1.5 billion from employers to workers in its first year.