The US Department of Labor (DOL) may seek again, in 2023, to raise the salary threshold for a person to fit within a Part 541 white-collar exemption. The agency was going to announce its plans in April but it has been delayed. The reasons are unclear, perhaps concerns about inflation or the effects on small businesses. With that said, as the election cycle is over, it can be anticipated that a proposal will be coming, probably next year. Look for a (proposed) large increase in that threshold amount. READ MORE