On April 23, 2024, the Department of Labor (DOL) released its highly anticipated final rule regarding overtime pay eligibility. The new rule, which goes into effect on July 1, 2024, significantly raises the salary thresholds...more
5/1/2024
/ Department of Labor (DOL) ,
Employer Liability Issues ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Federal Labor Laws ,
Final Rules ,
Highly Compensated Employees ,
Labor Reform ,
Minimum Salary ,
Non-Exempt Employees ,
Over-Time ,
Salaried Employees ,
Wage and Hour ,
White-Collar Exemptions
The Department of Labor released a new rule on Tuesday, April 23, 2024, that changes the salary threshold used to determine whether a worker is exempt from overtime pay. The rule takes effect on July 1, 2024, and is estimated...more