With a new year fast approaching, employers face several important employment law changes thanks to the U.S. Department of Labor (DOL). The new overtime rule, set to take effect on Jan. 1, 2025, will make millions more workers eligible for overtime pay by increasing the salary threshold for the executive, administrative, and professional (EAP) exemptions under the Fair Labor Standards Act (FLSA) to $58,656 per year (or $1,128 per week).
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