- The minimum salary for executive, administrative and professional employees who are exempt from the overtime requirements of the federal Fair Labor Standards Act (FLSA) has increased from $455 to $684 per week ($35,568 per year).
- The annual compensation now required to meet the exemption under the FLSA for highly compensated employees has been raised to $107,432.
- Several states increased the state minimum wage for 2020, including the following:
- Washington, DC (effective 7/1/20)
Dorraine Larison concentrates her practice in the areas of bankruptcy law, debtor/creditor law, and employment law. She has extensive experience in the areas of commercial financing, creditors’ rights, and creditor ...
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