the impact of the dol's exempt salary increase on higher education ...

The FLSA and its implementing regulations generally require employers to pay employees at least the minimum wage of $7.25 for all hours worked, and an overtime ...

DOL Overtime Rules and Institutions of Higher Education

... increase goes into effect, likely rubbing out any further increases. ... employment benefit) at a college or university is non-exempt.

The Potential Impact of the 2024 Overtime Rule on Higher Education

In the final rule, DOL uses a two-step approach to increase the salary ... cost of $71,500, on average, to raise their exempt employee salaries to the July 1.

DOL Raises the Threshold Salary for Exempt Status Under the FLSA

The minimum salary to satisfy the exemption will increase from $107,432/year to $132,964/year on July 1, 2024 and rise again, to $151,164/year, ...

FEDERAL OVERTIME RULE: IMPACT ON COLEGES AND ...

In 2016, the Obama administration DOL issued a final rule that increased the overtime salary threshold from ... College and university ...

How New Salary Overtime Regulations Could Impact Higher Ed - ECSI

Pressures are increasing on the business of higher education from many directions. Reductions in funding, problems finding and keeping staff ...

Overtime Rule Proposal & the Impact on Higher Education

Under the proposed Fair Labor Standards Act (FLSA), the salary level that is exempt will increase from $35,568 (set by the Trump administration) ...

DOL FLSA Overtime Rule Applied to College and University ...

With this exemption, colleges and universities only need to ensure that their academic administrative employees receive a salary of at least the ...

Fact Sheet #17S: Higher Education Institutions and Overtime Pay ...

A teacher is exempt from minimum wage and overtime protections if their primary duty is teaching, tutoring, instructing, or lecturing to impart knowledge, and ...

Report: How New Overtime Regulations Will Impact Higher Education

The CUPA-HR report concluded that the initial threshold increase will negatively affect institutions across higher education.

Federal overtime rule will force raises for some college employees

The updated regulation will require colleges and universities across the country to either raise staff salaries to $58656 or grant them ...

the impact of the department of labor's exempt salary increase

Some admissions counselors at for-profit universities may fall under the outside sales exemption. We are not aware of any guidance by DOL or any federal court ...

Headed to Overtime? 3 Tips to Tackle the Higher Salary Threshold ...

Colleges and universities are feeling the heat after recent increases to the salary threshold for employees to be exempt from overtime pay ...

Department of Labor Releases Final Rule Lifting the Salary ...

Back in February, CUPA-HR drafted a letter cosigned by a number of higher education associations to DOL expressing concern about the impacts of ...

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

Employers must review and potentially adjust employee classifications and salaries to comply with the upcoming January 2025 FLSA salary increase ...

The Impact of the FLSA Overtime Rule on Higher Education - ERIC

In 2004, DOL set the minimum salary threshold for the white-collar exemption at $455 per week, or $23,660 per year. In 2016, DOL set a new threshold, which ...

U.S. DEPARTMENT OF LABOR ISSUES FLSA'S NEW OVERTIME ...

... salaries of current exempt staff to the new salary threshold then in effect. ... Wage and Hour Division Fact Sheet #17S: Higher Education ...

Labor Department Rule Raising Salary Level for Exempt Employees ...

(For details, see DOL Releases Final White-Collar Exemption Rule, Sets Minimum Salary to Increase in Phases Beginning July 1, 2024.) The court's ...

Department of Labor's proposed overtime expansion has major ...

If finalized, DOL's proposed rule will require higher education institutions to either increase salaries for many traditionally exempt non- ...

Department of Labor's Proposed “Overtime Rule” Will be Costly and ...

It is estimated that the DOL's proposed overtime rule would cost colleges and universities between $300,000 and $2,200,000 in the first year ...