News
November 5, 2024
Starting January 1, 2025, the salary threshold for overtime exemptions under the Fair Labor Standards Act (“FLSA”) will increase again. Employers must ensure compliance with these changes. The FLSA mandates that covered employers pay overtime at time-and-a-half for hours worked over 40 in a week, but certain employees—specifically bona fide executive, administrative, or professional employees—are exempt from minimum wage and overtime provisions under the "white-collar" exemption. Additionally, there is a separate exemption for highly-compensated employees (“HCE”).