U.S. Department of Labor Issues Final Rule Increasing the Minimum Salaries for White Collar FLSA Exempt Employees
On Tuesday, April 23, 2024, the United States Department of Labor issued its “Final Rule” regulation that increases the minimum salary threshold for employees (including municipal employees) to maintain their status under what are commonly called the “white collar” exemptions from the minimum wage and overtime requirements of the Fair Labor Standards Act (FLSA). The Final Rule increases will go into effect on July 1, 2024.
