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New Ruling on Salary Exemptions

New Ruling on Salary Exemptions

by Tomie Kottwitz | Sep 6, 2024 | Bookkeeping, Business Operations, Labor

The U.S. Department of Labor recently finalized a ruling regarding salary requirements for exempt employees.  This ruling has changed the minimum salary amount beginning on July 1, 2024, to $844 a week ($43,888 annually).  Another increase will occur on January 1,...

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