# @vadogwoodnews on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C6KQOFAgAEt
- **Gondola URL:** https://gondola.cc/posts/16713913-vadogwoodnews-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/aa7856957e.jpg
- **Posted:** 2024-04-24T22:00:30.000+00:00
- **Account Owner:** Dogwood (@vadogwoodnews) — https://gondola.cc/vadogwoodnews

## Caption

The Biden administration announced Tuesday a new overtime pay rule to benefit around 4 million lower-paid salaried employees. The regulation will increase salary thresholds for overtime pay exemption.

The present annual threshold for salaried employees’ overtime pay is around $35,500, set by the Trump administration in 2019. Beginning on July 1, 2024, that cutoff will increase to $43,888. It will further increase to $58,656 on Jan. 1, 2025.

Read more at our link in bio.

#biden #overtimepay #politics #ot #hiring #salary

## Stats

- **Views:** 0
- **Likes:** 13
- **Shares:** 0
- **Comments:** 3

## Tags

politics, biden, hiring, ot, overtimepay, salary

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