- April 23, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Final Rule Changing the Salary Level Methodology for Exempt Employees
**WASHINGTON, D.C. (April 23, 2024)** – The **National Federation of Independent Business (NFIB)**, the nation’s leading small business advocacy organization, issued a statement on behalf of **Beth Milito, Executive Director of NFIB’s Small Business legal Center**, regarding the U.S. Department of Labor’s (DOL) overtime rule increasing the minimum salary threshold for exempt employees.
“This rule presents another costly hurdle for small business owners to navigate. Small businesses will now have to invest significant time and resources into evaluating their workforce in order to adjust salaries or reclassify employees to comply with this complex mandate,” expressed **Beth Milito, Executive Director of NFIB’s Small Business legal Center**. “Main Street businesses lack the in-house legal expertise or resources to implement changes each time a new government regulation is introduced. They also face financial constraints that make it difficult to raise wages when they are already striving to offer competitive compensation and benefits to their employees.”
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The NFIB Small Business legal Center remains committed to safeguarding the rights of small business owners in courtrooms across the nation. Currently engaged in over 40 cases in federal and state courts, including the U.S. Supreme Court, NFIB continues to advocate for the interests of Main Street businesses in the legal arena.
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