We wanted to remind employers as previously communicated by Vensure:

• DOL Final Rule for Overtime Coming Soon
• DOL Proposed Rule for “White Collar Exemptions”
• DOL Announce Long-Awaited Proposal to Raise Exempt Salaries

The Overtime Rule is expected to be finalized between April and June 2024. 

Fisher Phillips law firm has created an 8-step action plan for you to prepare and be compliant before the rule is effective, which you can review here.

Vensure will inform you of any relevant updates that may impact on your business.

This communication is intended solely for the purpose of conveying information. The present post might incorporate hyperlinks directing readers to websites managed by third-party entities. The inclusion of any links within this communication is meant to serve as points of reference and could encompass opinion articles from various law firms, articles from HR associations, official websites, news releases, and documents of government agencies, and other relevant third-party sources. Vensure has no authority over these external websites and bears no responsibility for their content. Furthermore, Vensure does not endorse the materials present on these websites. The contents of this communication should not be interpreted as legal advice or as a legal standpoint concerning specific facts or scenarios. Nor should it be deemed an exhaustive compilation of facts potentially pertinent to federal, state, or local laws. It is strongly advised that employers solicit legal guidance from an employment attorney when undertaking actions in response to any legal updates provided. This is due to the possibility of future alterations occurring in federal, state, and local laws, regulations, as well as the directives and guidelines issued by governing agencies. These changes may transpire at any given time, potentially rendering certain portions of the content within this update void or inaccurate.