More than 50 federal, state and local employment law requirements take effect on or around July 1, 2024, covering topics such as overtime pay, minimum wage, pregnancy accommodations, retirement benefits, leaves of absence and more. Now is the time to review these developments and ensure your organization is ready to comply.
An overtime rule from the US Department of Labor will raise the minimum weekly salary for most employees exempt from the overtime requirements of the Fair Labor Standards Act (FLSA) from $844 to $1,128 on January 1, 2025. This tool can help an employer estimate the costs of different options for compensating employees who are currently classified as exempt but are paid a salary of less than $1,128 per week.
More than 140 federal, state, and local employment law requirements take effect on or around January 1, 2024, covering topics such as minimum wage, employee leaves, fair pay, payroll and more. Now is the time to review these developments and ensure your organization is ready to comply.
Brightmine rounds up key resources and tracks recent updates to help employers prepare to comply with the 2024 overtime rule from the US Department of Labor.
In addition to the core wage and hour requirements, the overtime rule proposed by the US Department of Labor (DOL) also will affect several other HR responsibilities - from pay transparency to compensation to employee engagement and more.
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Editor's Choice: HR guidance on complying with the FLSA and state employee classification requirements.