May 2024 – CAI Federal Update

May 2024 – CAI Federal Update

Regulatory News INCREASE IN SALARY THRESHOLD FOR EXEMPT EMPLOYEES. The U.S. Department of Labor approved regulations to increase the threshold salary for exempt (salaries) employees.  Current- $35,568 July 1, 2024 – $43,888 Jan. 1, 2025 – $58,656 Starting...

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