Changes to New York’s minimum wage rates have been a hot topic during a contentious 2024 state budgeting process. With a budget deal now in place in Albany, Governor Kathy Hochul has announced future New York minimum wages beginning in 2024. The increases are not as high as some were proposing, which could have made … Read more
On March 22, 2019, the U.S. Department of Labor formally published proposed FLSA rules that would increase the salary level for key exemptions from federal minimum wage and overtime requirements. We discussed the DOL’s proposal in an earlier post when they were first publicized. The rules would require employers to pay employees at least $679 … Read more
On March 7, 2019, the U.S. Department of Labor released new proposed rules regarding FLSA overtime exemptions. The 2019 overtime rule differs substantially from the one pursued by the Obama administration in 2016. The $35,000 threshold falls almost exactly between the current federal requirement ($23,660) and the 2016 proposal ($47,476). The DOL has not proposed … Read more