A federal court recently overturned the US Department of Labor (DOL) overtime rule, which was going to raise the minimum annual salary for most overtime-exempt employees from $43,888 to $58,656. Brightmine Senior Legal Editor Michael Cardman answers these questions and more to help you chart a path forward for your organization.
Updated to reflect the vacatur of the overtime rule updating and revising the Fair Labor Standards Act (FLSA) overtime exemption requirements, effective November 15, 2024.