The eligibility cap for salaried employees will go up to $58,656 in 2025. The Biden administration has finalized a new rule set to make millions of more salaried workers eligible for overtime pay in the U.S.The move marks the largest expansion in federal overtime eligibility seen in decades. Starting July 1, employers will be required pay overtime to salaried workers who make less than $43,888 a year in certain executive, administrative and professional roles, the Labor Department said...

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