As you are aware, The U.S. Department of Labor (DOL) issued a Final Rule raising significantly the minimum salary level requirements for positions to meet the requirements of the FLSA’s “White Collar” Exemptions. The rule is to take effect on July 1, 2024.
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The first challenge to the Department of Labor's overtime rule has landed, but what the U.S. District Court for the Eastern District of Texas will do with it and how any decision will affect businesses remains up in the air. As this litigation develops, businesses must still prepare for the upcoming July 1, 2024, salary threshold increase.
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2024 SESCO Webinar Series
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