LEGAL ALERT
On April 23, the U.S. Department of Labor (DOL) issued its final rule regarding the salary threshold for overtime exemptions under the Fair Labor Standards Act (FLSA). This development will significantly impact employers, as it affects compliance obligations, budgets, and payroll. The changes go into effect on July 1, 2024. This article originally published by Thompson Hine LLP describes key elements of the rule, its implications for employers, and compliance recommendations. Read the full article.
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This article presents general guidelines for Ohio nonprofit organizations as of the date written and should not be construed as legal advice. Always consult an attorney to address your particular situation.
