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Does Omb No 3206 0134 Need to Be Completed Before Scd Changed Form

Does Omb No 3206 0134 Need to Be Completed Before Scd Changed Form

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if you're a business owner you might have heard about the changes coming up for the salary threshold of exempt employees these changes happening in 2025 are going to impact which salaried workers are exempt from overtime pay under federal law today we're going to break it down so you can stay ahead of the [Music] curve starting January 1st 2025 the Department of Labor is raising the salary threshold for employees who are considered exempt from overtime pay currently the threshold is set at $844 per week which equals $43,200 pay whenever they work more than 40 hours in a week now if you're business has employees who fall into this category you'll need to review their compensation as well they might need a raise to remain classified as examed or you'll need to prepare for them to earn overtime when working over 40 hours per week you might be wondering why does this matter while the Department of Labor regularly updates these thresholds to ensure th

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