New Labor Laws 2024
New Labor Laws 2024. The department’s final rule, which will go into effect on july 1, 2024, will increase the standard salary level that helps define and delimit which salaried workers. The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date.
The supreme court’s decision on friday to limit the broad regulatory authority of federal agencies could lead to the elimination or weakening of thousands of. Effective march 11, 2024, a new administrative rule will modify how the department of labor (dol or department) classifies workers as either employees or.