UPDATE: HEARING DATE SET FOR JUNE 24 TO STOP NEW DOL SALARY INCREASES
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 DOL is Sued Over the 2024 New Overtime Rule
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 Zoom Webinar Series
2024 SESCO Webinar Series
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“The knowledge was superior and I feel confident that our new manual is legally correct plus informative. Brenda did a wonderful job! Becoming a SESCO partner was one of the best things I could have done for FKCU.”
– Beverly Boling, Manager/CEO, First Kingsport Credit Union
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