The CIP Group

This past week, the CIP team spent time together in Seaport Boston for our annual team-building event.

We are incredibly grateful for this team, their dedication, their collaboration, and the way they consistently show up for one another and for our clients. The conversations, energy, and shared commitment coming out of this week set the tone for a wonderful year ahead.

CIP HR Update: Federal Court Halts 2024 Overtime Rule Changes – What Employers Need to Know

Breaking News: On Friday, November 15, 2024, the U.S. District Court for the Eastern District of Texas invalidated the U.S. Department of Labor's (DOL) regulation that aimed to raise the salary threshold for the "white collar" overtime exemption under the Fair Labor Standards Act (FLSA). The court determined that the DOL exceeded its statutory authority with this rule, leading to its nationwide nullification. This means that steps taken toward compliance with the 2024 regulations are no longer mandatory.

With the court's ruling, the salary threshold reverts to the 2019 level of $684 per week. Employers who had adjusted salaries or reclassified employees to comply with the now-invalidated increases should consult legal counsel before making further changes. It's also important to note that some states have higher salary thresholds than the federal standard, necessitating compliance with state-specific regulations.

Read More:
https://conta.cc/3CMVeBT

Important: Don't forget to send Medicare coverage notices to eligible employees by Oct. 14.
https://conta.cc/4emcY56

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Congratulations 🥂💖 to Danielle on her 35th anniversary at CIP!