Will the New DOL Minimum Salary Increases Affect Your Business, and Is the Fluctuating Workweek a Viable Alternative?
In the workplace, an employee is considered “exempt” or a “non-exempt” based on the employee’s specific job duties, and the manner and amount of compensation paid. Only non-exempt employees are eligible for overtime pay according to the Fair Labor Standards Act (“FSLA”). The Department of Labor’s (DOL) has announced that the minimum salary to qualify for overtime exempt status will increase to $58,656 effective January 1, 2025. For some businesses the only option will be to comply by raising employee salaries to at least this new minimum level. However, it is not the only option and businesses should consider carefully […]





