New Members
Tuesday, April 30, 2024
Federal Law Alert: Federal: DOL Increases Exempt Employee Minimum Salaries
On April 26, 2024, the U.S. Department of Labor (DOL) published the much-anticipated final rule that will increase the minimum salary for many exempt employees. The increase will take effect in two steps. If you’d like to review the regulations yourself, they are available here—the relevant changes start on page 130 of the downloadable PDF.Executive, Administrative, and Professional EmployeesUnder the new rule, exempt executive, administrative, and professional employees (often referred to collectively as