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Congress Mulls Bill to Raise Exempt Salary Threshold as DOL Finalizes New Overtime Rule Proposal: What Do Employers Need to Know?

Lawmakers recently introduced a bill that would immediately raise the exempt salary threshold for so-called “white-collar” workers to $45,000 a year. The proposed legislation would then apply a series of annual hikes through...more

Planning for 2023: Consider Reviewing Employee Salaries Before the Labor Department Issues a New Overtime Rule

As you plan your 2023 budgets, you may want to account for a potential increase in the exempt salary threshold under an anticipated new federal overtime rule. The Department of Labor (DOL) initially aimed to release the...more

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