New Jersey Department of Labor & Workforce Development’s Post

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It's #TipTuesday! Tanner Hendershot provides this week's tip reminding employers of California's minimum wage increase that went into effect January 1, 2024: Effective January 1, 2024, California’s minimum wage has increased to $16.00 per hour for all employees. Notably for employers, this change also impacts the minimum annual salary threshold for employees to remain exempt from California’s overtime laws, raising same by over $2,000 to $66,560. Employers should carefully review their compensation and benefits policies, and salary levels, for their salaried employees to ensure continued compliance with California law in light of this recently enacted change.     #employmentlaw #minimumwage #californialaw

Effective July 1, 2024, the Department of Labor’s Final Rule will sharply increase the minimum salary employers must pay to classify an employee as exempt from overtime pay. Read our latest Labor & Employment Blog by Julie Offerman, shareholder in our Labor & Employment Practice Group, to learn more about the Final Rule, including its increased minimum salary requirements for the most common FLSA exemptions. While it is possible a federal court may block the Final Rule, employers should act now to identify current exempt employees whose pay does not satisfy the new minimum salary thresholds and devise a compliance strategy. https://lnkd.in/dZS7n_Bc #DOL #OvertimeRule #LaborLaw #EmploymentLaw

Breaking news..... The U.S. Department of Labor, Wage and Hour Division, is expected to release critical legislation in 2024. Business impacts include: • Proposed overtime rules that would increase salary thresholds for exempt employees. • Anticipated regulations to determine employee versus independent contractor status under the Fair Labor Standards Act. • Coordination with state minimum wage increases in more than 20 states beginning Jan. 1, 2024. We have resources to keep you updated on federal and state employment laws and can offer solutions to help you update workplace policies that are impacted by new regulations. Please reach out to have a discussion about how we can help you and your clients prepare for regulatory changes ahead in 2024. 720-202-0680 [email protected]

On April 23, 2024, the U.S. Department of Labor (DOL) issued a final rule substantially raising the salary thresholds for certain employees to qualify for overtime exemptions under the federal Fair Labor Standards Act (FLSA). In a blog post on Murtha’s Employment Law Perspectives blog, counsel Emily McDonough Souza discusses the expected result if the rule goes into effect and what considerations employers should make regarding salaries and reclassifying positions. Read the full blog post: https://hubs.ly/Q02v6D7R0 #MurthaCullina #LaborAndEmploymentLaw #DOL #FairLaborStandardsAct

WSHC+B attorney Erica Hausdorff recently wrote an article discussing the Department of Labor’s Final Rule raising the salary thresholds for certain overtime exemptions under the Fair Labor Standards Act. Incorrect classification of employees under these new thresholds can expose companies to audits, fines, and litigation under the Department of Labor's rules. Although the 2024 Final Rule will likely be challenged, businesses should consult their legal counsel to ensure compliance with the new salary thresholds. The Final Rule goes into effect on July 1, 2024, with further increases set for January 1, 2025. Erica focuses her practice on the representation of public and private entities in connection with employment matters. Read more here: https://lnkd.in/etW7xzeR #WSHCBLaw #DOL #FLSA #LaborandEmployment

The Department of Labor has approved a final rule that will raise the salary threshold for white collar overtime-exempt employees under the Fair Labor Standards Act. Our latest article, authored by Alex Nassar and Jakob Williams from the RCCB Employment Group, breaks down the recent changes approved by the Department of Labor, impacting employers and millions of employees nationwide. Read the full article now to stay ahead of the curve and ensure compliance with the new regulations. Read more: https://bit.ly/3xTvm55 Alex Nassar Marc Cytryn Jakob Williams #FLSA #EmploymentLaw #Employmentupdate

As your small business ramps up and you hire more employees, you may be subject to the Fair Labor Standards Act (FLSA), which designates rules regarding minimum wage, child labor, overtime pay, employee leave, and more. Wading through the language of this employment law can be overwhelming, however, so visit our website today to see it broken down. #AbacusPayroll #FLSA #FairLaborStandardsAct #labor #employer #employee

Day 2 - National Minimum Wage (NMW) Increases! In day 2 of my employment law update mini series, I talk about NMW and more information about: 🤔 What the new rates are 😣 The impact on your overall salary structure 😥 How to carry out difficult conversations 🤐 The risk of over promising future pay rises 😮 A warning about informal overtime If you missed Friday's video, I talked about the new changes in flexible working requests and join me tomorrow as I explain the wonderful world of annual leave calculations and hopefully, a less complicated future! 🤞 #employmentlaw #hrconsultancy #outsourcedhr #bitesizelearning #businessowner #manager #smallbiz

How can employers prepare for and ensure compliance with the latest changes to the Fair Labor Standards Act? On April 23, the U.S. Department of Labor issued a final rule to increase the minimum salary threshold for exempt employees, with future increases planned. This change, which is effective July 1, 2024, will also impact highly compensated employees and includes overtime protection for millions of lower-paid salaried workers. Similar past efforts have faced legal challenges, and this latest adjustment may also be contested. In this Stites & Harbison Client Alert, author Shannon Hamilton details the final rule’s elements, significance, and potential impacts on employers. Read the full Client Alert below: https://lnkd.in/eHVpz6tE #employmentlaw #FLSA #DOL