Legal Update: DOL Announces Final Overtime Rule Increasing Salary Levels for White-collar Employees

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On April 23, 2024, the U.S. Department of Labor (DOL) announced a final rule to amend current requirements employees in white-collar occupations must satisfy to qualify for an overtime exemption under the Fair Labor Standards Act (FLSA).

The final rule will take effect on July 1, 2024.

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