A U.S. Department of Labor (DOL) proposal would , among other things, increase the salary threshold for being exempt from overtime rules under the Fair Labor Standards Act (FLSA) for certain types of white-collar jobs . Currently, salaried employees earning $684 a week ($35,568 per year) are exempt. The proposal calls for that salary threshold to rise to $1,059 per week ($55,068 per year ), which the DOL estimates would affect more than 3 million workers.
The DOL’s proposed rulemaking , announced on August 30, 2023, is titled Defining and Delimiting the Exemptions for Executive, Administrative, Professional, ...