 |
Providing People Solutions |
|
Providing People Solutions |
On Friday, November 15, 2024, a federal judge struck down the U.S. Department of Labor’s planned January 1, 2025, increase to the white-collar overtime exemption salary basis thresholds. Additionally, this ruling also invalidated the increase that went into effect on July 1, 2024. As of now, the salary basis threshold has reverted to the 2020 standard of $684 per week ($35,568 annually).
This decision means that employers are not required to implement the January 1, 2025, increase as previously planned. However, any decisions to roll back changes made to comply with the July 1, 2024, increase are ultimately business decisions at the discretion of each organization.
HR Partners recommends that employers take a cautious approach and consider waiting until the new administration takes office in January 2025 before making any significant changes. While it is likely that any appeal by the U.S. Department of Labor will be defeated, the new administration may propose a limited version of the changes.
HR Partners is closely monitoring developments and will keep clients updated on any changes. In the interim, if you have questions about how this decision impacts your organization or need assistance with compliance strategies, we would be pleased to assist. Please contact HR Partners at 785-233-7860.
We appreciate your business, and we wish you nothing but the best for Christmas and the New Year holidays.
2025 will be an epic year and we can’t wait to work with you to continue the magic.
To view the video, click the image below or click here, and once you see the video on Vimeo, please click the play button. Enjoy!
Gina Stewart
Director, Information Management, Analysis and Reporting
Washburn University Alumni Association and Foundation
"HR Partners provides a screening process when searching for candidates for a position. The phone screens save me valuable time and give me the information needed to decide whether to invite someone to our office for an in-person interview.
They also serve as a knowledgeable resource for up to date standards with HR issues. Two of the most significant improvements would be making the hiring process a breeze and having a resource to provide valuable feedback on HR issues. HR Partners allows you to continue to work on your mission, whatever it might be, while spending less time on HR issues. You have the confidence when hiring someone that they will have the skills/knowledge to the job well."
