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Effective July 1, 2024, the federal Fair Labor Standards Act salary threshold for exempt, white-collar employees will increase to $43,888 (or $844 per week). However, a bigger increase is in store for next year. On January 1,...more
The clock is quickly ticking down to July 1, when the U.S. Department of Labor’s new rule increasing the minimum salary for many employees to be considered exempt from overtime under the Fair Labor Standards Act is supposed...more