Employers must revert to the prior salary threshold of $107,432 per year for highly compensated employee exemptions. Background: The 2024 Rule The DOL published the 2024 Final Rule on August 30, 2023, proposing its first major update to salary levels for overtime exemptions since 2020. Key ...
The decision vacated the2024 DOL overtime rulein its entirety, including the EAP and HCE threshold increases that went into effect on July 1, 2024, and the part of the rule that would have adjusted the salary thresholds every three years based ...
occur in two phases. Effective July 1, 2024, the threshold will increase to $844 per week, which is the equivalent of an annual salary of $43,888. Effective January 1, 2025, the threshold will then increase to $1,128 per week, which is the equivalent of an annual...
Before the DOL’s final rule, the salary threshold for executive, administrative, and professional employees annualized to $35,568 per year. The threshold for highly compensated employees was $107,432 per year. The effective date for the final rule was July 1, 2024, ...
after the U.S. District Court in the Eastern District of Texas struck down the Department of Labor’s (DOL) final overtime rule. Finalized in April 2024, the rule would have increased the minimum annual salary threshold that determines overtime pay eligibility under the Fair Labor Standards ...
DOL Releases Final Overtime Rule Doubling the Salary Exemption ThresholdJennifer L. Curry
A federal judge in Texas blocked a Department of Labor (DOL) rule that increased salary thresholds for certain exemptions from the Fair Labor Standards Act (FLSA).
4:24-cv-499 Share Case Updates District court holds that U.S. Department of Labor’s 2024 Overtime Rule exceeded the agency’s authority by setting the Executive, Administrative, and Professional exemption’s salary threshold too high and by prescribing automatic increases for that threshold ...
1. FLSA: New Overtime Rule ?Overview of Salary Basis Test ?Key Features of New Rule 2.OSHA Recordkeeping Rule 3.OSHA Enforcement Trends. 会议名称: 2016 Adhesive & sealant convention fall conference + expo: 2016 Adhesive & sealant convention fall conference + expo, October 17-19 2016, Indian...
1. DOL Issues Final Overtime Rule On September 24, the U.S. Department of Labor (“DOL”) issued a final rule increasing the annual salary threshold for white-collar exemptions to $684 per week. This is an increase of about 50 percent over the present levels. Up to 10 percent of that...