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The U.S. Department of Labor has announced its final rule modifying the FLSA’s overtime exemptions for executive, administrative, and professional employees. The final rule significantly raises the minimum salary to qualify for exemption, with initial increases to take effect on July 1, 2024. The rule also calls for automatic, formulaic increases to the salary threshold every three years.
The new rule commands attention from virtually all employers. It is critical for employers to understand the nuances and ramifications of this rule.
Learning Objectives:
Topics Covered:
Review Federal Overtime Requirements
State Overtime Requirements
Other Benefit Points:
Who Should Attend
Pioneer Educator is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please portal.shrm.org.
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