The new overtime rule increases the FLSA salary threshold to $43,888 annually ($844 per week), up from $35,568 ($684 per week). This new law changes what qualifies as an exempt employee. But, this threshold is only one of three requirements employees must meet for FLSA exemption. ...
provide a minimum level ofemployeebenefits. For example, the FLSA prohibitschild laborand established the first federal minimum wage. For purposes of this Act, "interstate commerce" is interpreted so broadly as to include basically all employers not specifically exempted. It was part of the New ...
When will the DOL implement the new Salary Threshold? The salary change won’t go into effect immediately. The DOL must first permit the public to comment on the proposed change and provide feedback. Management-side lawyers and lawyers representing the interest of employees will both have much ...
and no single factor is determinative. Important to the determination, the final rule clarifies that the potential joint employer mustactually exercise– directly or indirectly – one or more of these criteria of control to be a joint employer under the FLSA. This is a more narrow standard...
meetthenewthresholdof$47,476/yearwillbereclassifiedasnon-exemptandwillnowneedtotracktime.Youmaybereclassifiedaseitheranhourlynon-exemptemployeeorasalariednon-exemptemployeeifyoumakeunderthe$47,476.Ifyouarealreadyhourlyandalreadyenteryourtime,youmaythinkyouarenotimpactedbythischange,howeverasyouwillsee,new...
Continue ReadingFifth Circuit Ruling: 2019 Salary Threshold Increase Did Not Exceed Authority From Leniency to Scrutiny: The New FLSA Certification Landscape BySeyfarth Shaw LLP,Christina Jaremus,Lennon B. Haas&Noah A. FinkelonAugust 28, 2024 ...
meetthenewthresholdof$47,476/yearwillbereclassifiedasnon-exemptandwillnowneedtotracktime.Youmaybereclassifiedaseitheranhourlynon-exemptemployeeorasalariednon-exemptemployeeifyoumakeunderthe$47,476.Ifyouarealreadyhourlyandalreadyenteryourtime,youmaythinkyouarenotimpactedbythischange,howeverasyouwillsee,new...
meetthenewthresholdof$47,476/yearwillbereclassifiedasnon-exemptandwillnowneedtotracktime.Youmaybereclassifiedaseitheranhourlynon-exemptemployeeorasalariednon-exemptemployeeifyoumakeunderthe$47,476.Ifyouarealreadyhourlyandalreadyenteryourtime,youmaythinkyouarenotimpactedbythischange,howeverasyouwillsee,new...