You have to make sure you are in Single user when updating. This worked for us this morning.
In Single-User mode, go to Update QuickBooks (in the help menu). Check "Reset Update" and click "Get Updates." Once it is finished, close QuickBooks. Restart (right click, "run as administrator"). Select Pay Employees; you will go through the Overtime setup again, click Finish.
This should do the trick. Feel free to reach back out if those steps don't work for you. Hope you all have an amazing day and holiday coming up!