Welcome to the New Year Required Changes to Wage and Hour Laws
Posted in Wage & Hour
Employers should be aware that the start of the New Year ushered in changes to federal, state and local government wage and hour laws. Some of those changes include the following:
- 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:
- California
- Colorado
- Washington, DC (effective 7/1/20)
- Illinois
- Massachusetts
- Minnesota
- Missouri
In addition, various municipalities across the county have a required minimum wage that may have changed as of January 1st. Employers should take steps immediately to make sure that they have complied with any changes that impact their employees.
The information contained in this post is provided to alert you to legal developments and should not be considered legal advice. It is not intended to and does not create an attorney-client relationship. Specific questions about how this information affects your particular situation should be addressed to one of the individuals listed. No representations or warranties are made with respect to this information, including, without limitation, as to its completeness, timeliness, or accuracy, and Lathrop GPM shall not be liable for any decision made in connection with the information. The choice of a lawyer is an important decision and should not be based solely on advertisements.
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