Wage and Hour Rule Revision

On Apr. 23, 2024, the U.S. Department of Labor published its Overtime Final Rule designed to update and revise overtime protections for workers employed by nonprofits, for-profits, and governments. The final rule, set to start going into effect on July 1, 2024, increases the minimum salary level that white-collar employees must be paid to exempt them from overtime pay of time and half of wages for hours worked in excess of 40 in any week. Additional information is available at this National Council of Nonprofits website.