Navigating the new Department of Labor overtime rule
Keeping up with changes to governmental regulations is just one of the challenges faced by businesses that do a lot of hiring. The Department of Labor issued a new final rule on overtime pay that takes effect July 1, 2024. This rule comes on the heels of another DOL change – this one regarding classification of workers – that rolled out in March 2024. Knowing these rules and clearly understanding how to navigate them is critical for business owners.... Read More