On August 30, 2023, the US Department of Labor ... salary basis requirement test. Employees who are classified as non-exempt under the FLSA are entitled to overtime pay in the amount of 1.5 ...

As we previously covered, the United States Department of Labor issued a final ... increases every three years based on up-to-date wage data. Further, the salary threshold for “highly ...

In its first year, the rule is expected to result in an income transfer of about $1.5 billion ... asked the Labor Department to overhaul federal overtime rules and raise the salary threshold ...