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Starting July 1, the Department of Labor will implement updated minimum pay requirements under the Fair Labor Standards Act for white-collar exemptions. Though some predict legal attempts to block the new rule, it's prudent to assess which employees may be impacted. Leaders must decide whether to elevate base salaries to meet new thresholds or reclassify affected employees as nonexempt. Proactivity is crucial as the effective date approaches. #DepartmentOfLabor #Compensation #Salary #MinimumPayRequirements https://lnkd.in/gtpMVWJ6

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