Understanding the DOL Overtime Threshold for 2023 (Middletown, DE)

Understanding the DOL Overtime Threshold for 2023

The Department of Labor s recent adjustment to the exempt salary threshold increasing it from 684 per week to 1 059 holds significant implications for employees. With the new threshold individuals must now earn 55 068 or more annually to be exempt from overtime pay. This change prompts a critical examination of the Fair Labor Standards Act s (FLSA) duties test which serves as the framework for determining overtime eligibility. The online class will delve into the professional responses required to navigate through the Department of Labor s (DOL) overtime pay update shedding light on those directly impacted by these alterations particularly individuals striving for exempt status. Furthermore the session will explore the role of FLSA in monitoring compliance emphasizing its authority in ensuring that employers adhere to the revised regulations. This comprehensive analysis aims to provide valuable insights into the impact on employees fostering a better understanding of the evolving landscape of labor laws and regulations.