June 2024

 

Reminder - DOL Releases Final Overtime Exemptions Rule

07/03/24

Author: ADP Admin/Friday, June 28, 2024/Categories: Compliance Corner, Federal Compliance Update

As we previously reported , on April 23, 2024, the United States Wage and Hour Division of the Department of Labor (DOL), released a final rule revising the provisions of the Fair Labor Standards Act (FLSA) regulations exempting executive, administrative, and professional employees from minimum wage and overtime requirements. The final rule is effective on July 1, 2024.

Lawsuits have been filed challenging the final rule.  We are closely monitoring developments and  will promptly inform you if the final rule is blocked by a court.  In the meantime, we recommend that employers continue to prepare to comply with the final rule by July 1, 2024. 

Click here to access our toolkit which is designed to help you prepare for the final rule.

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Tags: 07/03/24

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