Ensure that all factors are analyzed without assigning a predetermined weight to a particular factor or set of factors. President Biden touted increasing the salary threshold throughout his presidential campaign. Comments on the proposed rule are due by March 10, 2023. SHRM India has India-specific pricing and certification details. The U.S. Department of Labor in September 2019 updated the federal overtime rules regarding executive, administrative, and professional workers. Before publication of todays proposed rulemaking, the departments Wage and Hour Division considered feedback shared by stakeholders in forums during the summer of 2022 and will now solicit comments on the proposed rule from interested parties. Salaried exempt employees have to earn at least the state thresholds because they are higher than the federal . The proposed rule sent stocks for gig companies like DoorDash, Lyft and Uber down. Trumps DOL then revisited the threshold, agreeing that an increase was needed, but one far below the rate Democrats had planned. One other item that may be in play is the duties test, Boonin added. Conversely, there is nothing stopping the DOL from issuing new rules before its target dates, either. The DOL promised to consider this feedback and may make changes to its draft rule before publishing a final version. While this aspect of the exemption rules is not anticipated to change with the 2022 proposed rule changes, the duties test is important to remember when considering the classification of a particular role. As with the overtime rule, the final independent contractor rule would take effect no sooner than 60 days after it is published in the Federal Register.