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White-Collar Exemptions Exempt-Employees Salary Caps

Shumaker, Loop & Kendrick, LLP

Client Alert: Mark Your Calendars: Overtime Exemption Salary Thresholds Increasing On July 1, 2024 And Again On January 1, 2025

On April 23, 2024, the United States Department of Labor (DOL) issued its Final Rule significantly increasing both the standard salary threshold for exempt employees employed in a bona fide executive, administrative, or...more

Carlton Fields

Caps Off to You: DOL Proposes Raising Salary Cap

Carlton Fields on

In 2014, the Obama administration proposed raising the minimum salary threshold for exempt white-collar workers to $47,476 per year— nearly double the current salary level. The Obama administration’s rule, which was intended...more

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