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Learn About the DOL’s New Overtime Rule in 30 Minutes

Date: Thursday, May 30, 2024 Watch Now
Time: 2 p.m. ET (11 a.m. PT)
Length: 30 minutes
Speakers:    Jim Paretti, Shareholder, Littler Mendelson
Moderators:    Karen Livingston, Senior Director of Policy, ABC National

Webinar Description

ABC Members Only

On April 23, the U.S. Department of Labor issued its final rule on overtime, which will change overtime regulations under the Fair Labor Standards Act. The final rule increases the minimum annual salary level threshold for exemption in two phases: from the current level of $35,568 to $43,888 on July 1, 2024, and to $58,656 on Jan. 1, 2025. In addition, the threshold for highly compensated employees will be increase from the current threshold of $107,432 to $132,964 on July 1 and then to $151,164 on Jan. 1. Further, salary thresholds will update every three years starting on July 1, 2027. Learn more about the final rule and read ABC’s press release opposing it.

Paretti will provide an overview of the final rule and share his thoughts on legal challenges against it.

Speaker Info

Jim Paretti is a shareholder in Littler’s Washington, D.C., office. He is an experienced management-side employment and labor relations attorney with in-depth political and policy knowledge of labor, pension, health care and employment law, regulations and legislation. Paretti is well versed in all aspects of legislative and political processes with demonstrated knowledge in the substance of federal labor and employment policy.

Moderator Info

Karen Livingston is ABC’s senior director of policy in Washington, D.C., and oversees regulatory actions, policies and guidance issued by the U.S. Department of Labor as well as several other federal agencies.