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Increases to Exempt Salary Requirements are Coming – Get Ready!!


Increases to Exempt Salary Requirements are Coming – Get Ready!!

The final rule is set to take effect on July 1, 2024. The current minimum salary level threshold for exempt employees under the FLSA is $684/ ...

DOL Announces Rule Increasing Minimum Salary Threshold for ...

Unlike the DOL's proposed rule, the final rule will incrementally increase the minimum salary level for overtime exempt classification between ...

DOL's authority to set salary thresholds for FLSA overtime ...

This ruling comes ahead of the scheduled salary threshold increase in January 2025, which will raise the weekly salary requirement for exempt ...

The Department of Labor Releases Final Rule Increasing Salary ...

Decide if the company will increase the salaries of any exempt employees who will no longer satisfy the minimum salary thresholds as of July 1, ...

The New Minimum Salary Requirements for Exempt Executive ...

The US Department of Labor's Final Rule increases the minimum salary requirements for white-collar exemptions from minimum wage and overtime pay.

Get Ready for July 1, 2024 Federal Increased Salary Thresholds

For highly compensated employees, the minimum salary will be $132,964 on July 1, 2024, and increase to $151,164 on January 1, 2025. Automatic ...

New Federal Overtime Rule is Here! 10 Steps Employers Can Take ...

... salary threshold for certain exempt employees – which raises ... exemptions have more requirements than just the salary threshold. To ...

Minimum Salary Requirements for Overtime Exemption in 2025 - ADP

The state's minimum wage will increase on January 1, 2025. As a result of the new minimum wage, the state is increasing the minimum salary ...

U.S. Department of Labor Raises Exempt Employee Salary Thresholds

The U.S. Department of Labor (“DOL”) just announced significant revisions to the Fair Labor Standards Act (“FLSA”) regulations, increasing exempt employee ...

Be Ready on July 1: Initial Increase in Salary Level for Exempt ...

US Department of Labor (DOL) issued a final rule that substantially increases the minimum salary levels for exempt employees under the Fair ...

The DOL's New Salary Level Rule That Raises The Minimum Salary ...

The court's ruling means that the salary level for white-collar FLSA exempt employees must be paid a minimum annualized salary of $43,888 (up ...

Are You Ready? FLSA Salary Thresholds Increase July 1, 2024

On July 1, 2024, the Department of Labor's rule raising the salary threshold for workers to be exempt from the overtime requirements of the Fair Labor ...

DOL's New Salary Threshold Makes Millions of Employees Eligible ...

On April 23, 2024, the U.S. Department of Labor (“DOL”) issued a final rule (the “Rule”) increasing the minimum salary threshold for ...

Employers Should Check Salary Thresholds for Exempt Employees ...

On July 1, the minimum salary level for exempt employees increases from $684 to $844 per week as changes made to the Fair Labor Standards Act (FLSA) executive, ...

Fact Sheet #17G: Salary Basis Requirement and the Part 541 ...

To qualify for exemption, employees generally must be paid at not less than $684* per week on a salary basis. These salary requirements do not apply to outside ...

DOL's Overtime Rule Increases Salary Threshold for Exempt Workers

On April 23, 2024, the US Department of Labor (DOL) issued a final rule raising the salary threshold that must be met for employees to be classified as exempt ...

DOL Issues Final Rule Raising Salary Threshold for Exempt ...

Currently, to be exempt from federal overtime requirements under the FLSA, a white-collar worker must – in addition to satisfying the applicable ...

Employers Should Prepare For Significant Changes To Federal ...

This final rule dramatically increases the minimum salaries that employees must be paid to qualify for certain exemptions under the Fair Labor Standards Act.

Department of Labor Rule Increasing Exempt Employee Salary ...

The Department of Labor's (DOL) Final Rule increasing the salary threshold for certain exempt workers is facing multiple legal challenges ...

New Overtime Rule Raises Salary Level in Two Phases - SHRM

Effective July 1, the Fair Labor Standards Act's (FLSA's) annual salary-level threshold for white-collar exemptions to overtime requirements ...