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U.S. Supreme Court Issues Opinion Clarifying Salary Basis Standard Under FLSA

March 01, 2023 3:43 PM | Anonymous

The U.S. Supreme Court recently issued an opinion finding that a worker with annual compensation of more than $200,000 was eligible for overtime pay under the Fair Labor Standards Act (FLSA) because he wasn’t paid on a salary basis. FLSA requires employers, including nonprofits, to pay their employees at least $7.25 per hour and to pay employees one-and-one-half times their regular rate of pay when they work more than 40 hours in a workweek. Read more here.

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