High winds and drought conditions have fueled severe wildfires, devastating communities around Los Angeles, California. The fires have destroyed thousands of homes and businesses, while firefighters are working tirelessly to...more
1/22/2025
/ California ,
Employee Benefits ,
Employees ,
Financial Assistance Policies ,
Internal Revenue Code (IRC) ,
IRS ,
Qualified Disaster Relief Payments ,
State Taxes ,
Tax Credits ,
Tax Deductions ,
Unemployment Insurance ,
Wage and Hour ,
Wildfires
On November 15, 2024, the U.S. District Court for the Eastern District of Texas vacated the Department of Labor’s (DOL) 2024 overtime rule, which significantly raised the salary thresholds for overtime exemptions under the...more
We previously wrote about the U.S. Department of Labor’s 2024 overtime rule that raises the salary basis for overtime exemptions under the Fair Labor Standards Act (FLSA). We explained that this rule was bound to face legal...more
We previously wrote about the final overtime rule issued by the U.S. Department of Labor (DOL) that raises the salary basis for overtime exemptions under the Fair Labor Standards Act (FLSA). One of the key components of that...more
Tuesday, the U.S. Department of Labor (DOL) announced its final overtime rule that completes the rulemaking process announced in August 2023 and raises the salary basis for overtime exemptions under the Fair Labor Standards...more
4/25/2024
/ Compensation & Benefits ,
Department of Labor (DOL) ,
Executive Compensation ,
Exempt-Employees ,
Fair Labor Standards Act (FLSA) ,
Highly Compensated Employees ,
Minimum Salary ,
Over-Time ,
Salaried Employees ,
Wage and Hour ,
White-Collar Exemptions
Under the Fair Labor Standards Act (FLSA), employers must provide overtime pay to employees at one and one-half times an employee’s regular pay rate for every hour the employee works beyond 40 hours in a workweek, unless the...more