The new federal overtime rule, scheduled to take effect on July 1, 2024, increases the minimum salaries necessary to exempt executive, administrative, professional, and highly compensated employees from the Fair Labor Standard Act’s overtime pay requirements. Specifically, under the new final rule: On July 1, 2024, the minimum or “standard…
Time to Evaluate Worker Classifications
On March 11, 2024, the DOL will be returning to its pre-2021 framework for evaluating whether workers should be classified as independent contractors or employees. This distinction determines whether a worker may be entitled to overtime under the Fair Labor Standards Act for hours worked over 40 hours in any…
Budgeting Employee Pay for 2024
As budgets for 2024 are finalized and/or implemented, businesses should keep in mind recent and upcoming minimum wage increases, as well as consider possible changes that may occur regarding the applicability of exemptions for overtime pay. Minimum wage considerations: As of September 30, 2023, Florida’s minimum wage is set at…
Keeping your Employees off the Naughty List (A primer for Holiday Office Parties)
Although the wild and crazy office party should be a vestige of the past, many employers learn the hard way that employees view the office party as a way to cut loose and leave their inhibitions on the copy room floor. Such behavior was the main focus for laughs in…
DOL Publishes New FMLA Posters
Recently, the U.S. Department of Labor issued a new Family and Medical Leave Act (“FMLA”) poster. The new poster presents the information about the FMLA in a question-answer format, the DOL believes that presenting the information in this way will make it more employee friendly. Employers may continue to use…