The new Fair Labor Standards Act (FLSA) rules are expected to raise the minimum salary for most overtime-exempt employees and possibly update the duties tests as well.
The Biden administration wants to go back to the drawing board after a federal judge reinstated the Trump administration's independent contractor rule earlier this spring.
In this survey report, we cover key aspects of the salary budget-setting process for 2022, including expected increases in salary budgets, pressures on the salary budget-setting process, timing of planning and implementation, performance metrics for salary adjustments, and bonuses.