
North Dakota Workers Set to Gain Significant Bonus Benefits
Overtime Pay Gets a Much-Needed Boost: What You Need to Know
New Overtime Pay Thresholds: What’s Changing?
Starting July 1, 2024, the threshold is getting bumped up to $844 per week ($43,888 annually). Then, come January 1, 2025, it’ll go up again to $1,128 per week ($58,656 annually). These changes, spread out over the next few years, are designed to catch up with current wage trends and our economic reality.
How Many Workers Will Benefit?
According to a recent analysis by personal injury law firm Bisnar Chase, based on data from the U.S. Bureau of Labor Statistics, around 17 million workers nationwide will now be eligible for overtime pay with these new thresholds. Here in North Dakota, an extra 48,741 workers will qualify for overtime pay. And our neighbors in Montana are also set to benefit, with 58,564 workers becoming eligible for overtime pay. That’s a big deal!

Why These Changes Matter
Brian Chase, a partner at Bisnar Chase, explained why these updates are so important for North Dakota workers. “These updates are crucial in ensuring fair compensation and protecting millions of workers,” he said. He also pointed out that these changes help promote fair labor practices across various industries.
Financial Impact and Future Updates
The new rule is expected to shift about $1.5 billion annually from employers to workers in the form of increased pay. While that’s a substantial amount, it’s just a small fraction of total wages in the U.S. economy, so it shouldn’t hurt employers too much.
Plus, the rule will automatically update every three years to keep up with economic changes, making sure that overtime protections stay effective and relevant.
A Step Toward Fair Labor Practices
Chase summed it up perfectly: “Expanding overtime protections through the Department of Labor’s updated rule not only safeguards workers’ time and compensation but also promotes fair labor practices across industries.” For all workers, this change is a big step in making sure they get fair pay and helping businesses stay fair and strong.
LOOK: 35 Vintage Cereals That Perfectly Captured Pop Culture Moments
Gallery Credit: Rob Carroll
More From Dakota Country 96.1





