2024 Updates to New York State Minimum Wage

New York State Department of Labor has recently published the minimum hourly wage increase to become effective January 1, 2024. They have also released regulations for the corresponding increase to the salary exempt threshold for those exempt from overtime under the administrative or executive exemption, which is expected to be finalized.    NY State Minimum … Continued

US DOL Working to Update Salary Level for Exempt Employees

Just when you thought it was behind us… By Sharyn Weinfurtner, HR Consultant, ESC In 2016 the US DOL issued final regulations raising the Federal minimum weekly salary level for exempt employees to $913 from $455 effective December 1, 2016.  This had employers all around the country scrambling to figure out ways to compensate formerly … Continued