Don’t wait: there’s less than 24 hours left to get (almost) any Marketplace thank-you gift.
Some states hike overtime salary threshold higher than Feds
Share Now on:
About 1.3 million low-paid managers and supervisors are eligible for overtime pay as of Jan. 1 because the U.S. Department of Labor has raised the overtime salary threshold. Management employees (those with administrative, professional or executive responsibilities) who are paid a salary and make less than $35,568 per year will now have to track their hours and be paid time and a half when they work more than 40 hours per week.
In some states, managers making more than that are entitled to overtime, because states can set and enforce higher salary thresholds than the federal standard. In Washington state, the salary threshold will go up in steps, exceeding the federal level in 2021 and reaching $83,356 by the year 2028 (adjusted for projected inflation). Some other states with salary thresholds higher than the federal level include California, New York and Maine.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
Donate now to get almost any thank-you gift.