Event

On April 23, 2024 the Department of Labor announced a final rule that significantly increased the salary thresholds required to qualify for the Executive, Administrative, and Professional (“EAP”) and Highly-Compensated Employee (“HCE”) exemptions under the Fair Labor Standards Act (“FLSA”). Both thresholds will phase in over the next several months, with the EAP threshold increasing to $844 per week ($43,888 annually) effective July 1, 2024, followed by an increase to $1,128 per week ($58,656 annually) on January 1, 2025. Similarly, the HCE threshold will increase to $132,964 as of July 1, 2024, and $151,164 as of January 1, 2025.  

This webinar will cover:

• The DOL’s increase to the salary thresholds for employees to be exempt under the EAP and HCE exemptions of the FLSA. 
• The newly created mechanism to automatically update the thresholds every three years. 
• Steps employers can take to prepare for the upcoming deadlines.
• The odds of a successful legal challenge.

Professional Development Credit:

• The program is pending for 1.0 credit of HRCI and SHRM. Credit approval will be provided in a post-webinar email.
• We will apply for CLE credit in WI, CO, IL, TX, UT, and VA (if applicable). If you are seeking CLE credit, please provide the applicable state(s) and bar number(s) during registration.