WebApr 21, 2024 · In December, the DOL announced it had plans to revisit the salary threshold for “white-collar” exempt employees under the FLSA. Currently, the salary threshold for the … WebFeb 27, 2024 · In any event, the Court explained that, because the salary-basis test applied the same to higher and lower income employees, it was Helix’s arguments that could lead to adverse consequences, potentially depriving “workers at the heartland of the FLSA’s protection—those paid less than $100,000 annually—of overtime pay.”

Congress Mulls Bill to Raise Exempt Salary Threshold as DOL …

Web1 day ago · An employer can pay bi-weekly, monthly, or on a longer basis, but it must be at least weekly. The salary cannot be paid strictly on a daily or an hourly basis. Notably, the salary must be a predetermined or fixed amount. The current minimum salary under the FLSA is $684 per week. An employer can certainly pay an exempt employee a fixed … WebSep 25, 2024 · Effective January 1, 2024, the salary basis will increase from $455 per week ($23,660 per year) to $684 per week ( $35,568 per year). In other words, in order to … alfred molina romance movies

WHD Fact Sheets U.S. Department of Labor - DOL

WebApr 14, 2024 · Lawmakers recently introduced a bill that would immediately raise the exempt salary threshold for so-called “white-collar” workers to $45,000 a year. The proposed … WebSalary Test. In order for an employee to be exempt from the minimum wage and overtime requirements, he or she must be paid, with only minor exceptions relating to persons paid … WebTo classify an employee as exempt, employers generally must apply the following three-pronged test. Anyone who doesn’t meet these criteria and earns an hourly wage is considered non-exempt: Salary level Earnings are at least $684 per week or $35,568 per year. Salary basis alfred molina rachel molina