Sometimes, the only constant is change. This New Year is no different.
In 2023, we saw several developments in labor and employment law, including federal and state court decisions, regulations, and administrative agency guidance decided, enacted, or issued. This article will summarize five proposed rules and guidance issued by the Department of Labor ("DOL"), the National Labor Relations Board ("NLRB"), the United States Equal Employment Opportunity Commission ("EEOC"), and the Occupational Safety and Health Administration ("OSHA"), which will or may be enacted in 2024.
DOL's Proposed Rule to Update the Minimum Salary Threshold for Overtime Exemptions
In 2023, the DOL announced a Notice of Proposed Rulemaking ("NPRM") recommending significant changes to overtime and minimum wage exemptions. Key changes include:
- Raising the minimum salary threshold: increasing the minimum weekly salary for exempt executive, administrative, and professional employees from $684 to $1,059, impacting millions of workers;
- Higher Highly Compensated Employee (HCE) compensation threshold: increasing the total annual compensation requirement for the highly compensated employee exemption from $107,432 to $143,988; and
- Automatic updates: automatically updating earning thresholds every three years.
These proposed changes aim to expand overtime protections for more employees and update salaries to reflect current earnings data. The public comment period closed in November 2023, so brace...
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