Under a Final Rule announced April 23, 2024, the salary threshold for “white collar” exemptions (executive, administrative, and professional) will increase effective July 1, 2024, to the equivalent of an annual salary of...more
On September 8, 2023, the U.S. Department of Labor formally proposed an almost 65% increase in the minimum salary requirements under the federal Fair Labor Standards Act for certain overtime pay exemptions used by employers...more