The Department of Labor (DOL) announced on April 23, 2024, a final rule that expands the compensation threshold for exemption eligibility under the Fair Labor Standards Act (FLSA). On July 1, 2024, ...
The U.S. Department of Labor also addressed exemptions for learned professionals and commission-earning employees under the ...
Starting July 1, 2024, employers must satisfy a higher salary threshold in order to consider employees as exempt from Fair Labor Standards Act (FLSA) overtime rules. Following proposed rulemaking in ...
The new overtime thresholds take effect on January 1, 2026. Employers who do not adjust eligible employees’ compensation or reclassify positions risk potential wage claims and compliance penalties.