Sheryl L. Bredeson’s Post

Originally proposed in fall 2023, the rule will increase — in two steps — the minimum annual salary threshold that determines overtime pay eligibility under the Fair Labor Standards Act, with an auto-escalator every three years. https://ow.ly/aiEU50RnyQl #retail #labor #workforce

Many employers are scrambling to comply with the Labor Department’s new salary threshold for exempt employees under the white-collar exemptions. As the July 1 deadline for phase one approaches, you may have detailed questions about how these changes impact your workplace. For instance, what does it mean to be a “highly compensated employee,” and do you need to pay them $132,964 to be exempt? In this article, Fisher Phillips answers five of the top questions on the new overtime rule. Read it here: https://bit.ly/3z91UbQ • What’s Changing Under the New Rule? • What Exactly Is the HCE Exemption? • What Are the Duties Requirements? • Do You Have to Raise a Highly Compensated Employee’s Salary to the New Level? • Can You Expect a Court to Halt the New Rule? If you have any questions regarding the Labor Department’s new salary threshold for exempt employees, we at Hubric Resources are here to assist. Please reach out to us at [email protected] or 610-670-7878. #HRCompliance #OvertimeRules #HighlyCompensatedEmployees #LaborDepartment #EmployeeExemptions

In April 2024, the Department of Labor issued a Final Rule that significantly raised the minimum salary thresholds for certain overtime exemptions under the Fair Labor Standards Act. After a recent ruling in the Texas Federal Court, the minimum salary thresholds are to be restored to pre-2024 levels, as the Final Rule was invalidated nationwide. To learn more, please click below to read John Vering and Cody Weyhofen's new blog post.

A recent federal court ruling has struck down the U.S. Department of Labor's 2024 Final Rule, preventing an increase in salary thresholds for overtime exemptions. This decision reinstates the previous 2019 salary levels, affirming that any changes must stay within the agency’s statutory authority. Explore our insights into the legal basis of the ruling, the implications for employers, and the reinstated salary thresholds for overtime exemptions: https://lnkd.in/gKmKrx67 By Aimee Delaney and Fernando Hugo Silva #DOL #Employers #EmploymentLaw #LaborLaw #HR

🚨 A Texas court has struck down the Department of Labor’s final rule to raise salary thresholds for overtime exemptions, reverting the threshold to pre-July 2024 levels. Employers who adjusted salaries or reclassified employees may face new challenges. Read our legal alert for more information: https://lnkd.in/gCaGEhej #LaborLawUpdate #OvertimeRules #EmployerGuidance

Here is everything employers need to know about the new overtime salary threshold changes coming July 1, 2024. To learn more, click here: https://buff.ly/45AEnwE #FairLaborStandardsAct #DepartmentofLabor #OvertimeSalaryThreshold

The U.S. Department of Labor (DOL) is increasing the salary thresholds for certain overtime-exempt employees under the Fair Labor Standards Act. DOL will adjust the thresholds every three years. This Perkins Coie LLP Update provides details about the salary thresholds and next steps for employers. #LaborAndEmployment #LaborAndEmploymentLaw #EmploymentLaw #ExemptEmployees

The U.S. Department of Labor (DOL) is increasing the salary thresholds for certain overtime-exempt employees under the Fair Labor Standards Act. DOL will adjust the thresholds every three years. This Perkins Coie LLP Update provides details about the salary thresholds and next steps for employers. #LaborAndEmployment #LaborAndEmploymentLaw #EmploymentLaw #ExemptEmployees

Breaking news: A federal judge blocks the Department of Labor’s (DOL) rule raising salary thresholds for overtime exemptions under the Fair Labor Standards Act (FLSA). Employers now have an opportunity to pause and review compliance strategies. Learn what this ruling means for your business and how to prepare for potential changes in the regulatory landscape: https://bit.ly/48TSlLO #overtimerule #employmentlaw #FLSA #HRcompliance #DOL #employertips

🚨 Breaking News: Appellate Court Upholds DOL Authority on Overtime Final Rule 🚨 In a major ruling, the appellate court has upheld the Department of Labor’s authority behind the recent overtime final rule. This decision could have significant implications for employers and employees alike. Read the full article at WorldatWork: https://bit.ly/4gjxKnj Stay informed on how this ruling might impact your organization’s overtime policies and compliance strategies. #BreakingNews #OvertimeRule #DOL #HRCompliance #WorldatWork #HR #TotalRewards #Compensation #Comp #Finance #Budgeting