DOL Releases Final Rule Raising Salary Limits for Federal Overtime Exemptions
By EsqSocial Corporation 26/04/24
On April 23, 2024, the U.S. Department of Labor (DOL) announced its final rule increasing the salary thresholds for the Fair Labor Standards Act’s (FLSA) overtime exemptions for executive, administrative, professional, and highly compensated employees. The FLSA, among other things, requires employers to pay employees time-and-a-half for all hours worked over 40 hours during a workweek, provided that the employees do not fall within certain delineated exemptions....
By: Foley Hoag LLP