EFFECTIVE JANUARY 1, 2025, EMPLOYEES NOT PAID AN ANNUAL SALARY OF AT LEAST $58,656 WILL NO LONGER BE EXEMPT FROM OVERTIME PAY
As discussed in a previous MLLG Alert, the Department of Labor (“DOL”) issued a Final Rule on April 23, 2024, increasing the salary threshold an employer must pay an employee for the employee to qualify as exempt from overtime pay. Under the Fair Labor Standards...