December 2024

Federal Updates

 

Federal Court Strikes Down U.S. DOL Overtime Exemptions Rule Nationwide

12/05/24

Author: ADP Admin/Monday, December 2, 2024/Categories: Compliance Corner , Federal Compliance Update

On Nov. 15, 2024, a Texas federal court struck down a U.S. Department of Labor (DOL) rule that raised the minimum salary required to be paid to most employees classified as exempt from overtime and minimum wage requirements under the Fair Labor Standards Act (FLSA). 

The court’s decision blocks the minimum compensation increases that were scheduled to go into effect on Jan.  1, 2025, and invalidates the previously required July 1, 2024, increases nationwide.  

Effective immediately, the salary level test amount for executive, administrative and professional employees returns to $684 per week ($35,568 annually) and the required amount to be paid to highly compensated employees returns to $107,432 annually (including at least $684 per week paid on a salary or fee basis).

Review the details here.

Number of views (569)/Comments (0)

Recent Updates

 

© Copyright 2016 ADP LLC. 10200 Sunset Drive | Miami, FL 33173

The ADP logo, ADP, ADP TotalSource and a more human resource. are registered trademarks of ADP, LLC. All other trademarks and service marks are the property of their respective owners.