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Plan Now or Pay Later: How the DOL Overtime Rules Will Impact Your Business
Originally published on September 21, 2023
Updated on February 5th, 2024
The Department of Labor (DOL) recently issued their long-awaited proposed update to the Fair Labor Standards Act (FLSA) overtime exemptions. This update will significantly increase the minimum salary threshold for exempt employees – from $684 per week to $1,059 per week. As a result, overtime pay protections will be extended to an additional 3.6 million lower-paid salaried workers. In this session, we will:
– Provide an overview of the FLSA and who is covered;
– Review the three tests that an employee must meet to be considered exempt;
– Discuss the DOL’s proposed update and how that will impact your business; and,
– Learn what you need to do NOW to plan and prepare.
All content provided in this webinar is for informational purposes only. Matters discussed in this webinar are subject to change. For up-to-date information on this subject please contact a James Moore professional. James Moore will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information in this webinar or any information accessed through this site.
