The U.S. Fifth Circuit Court of Appeals ruled last week that the U.S. Department of Labor has the power to set a salary basis floor for workers to be considered exempt from overtime pay.

This is a major step in favor of the agency as the rule is only months away from its Jan. 1 start date. OMA Connections Partner Fisher Phillips has created a breakdown of the court’s decision, the agency rule, and how employers can prepare for the take-effect date. 9/12/2024