Revised FLSA Overtime Exemption Starting July 1, 2024
On April 23rd, the U.S. Department of Labor (DOL) issued a rule increasing salary thresholds for exempt employees and highly compensated employees. Under the federal Fair Labor Standards Act (FLSA), employees generally must be paid overtime, unless they fall within an exemption. What’s changing: The FLSA overtime rules have recently been revised, increasing the salary…