If I Could Pay You Less, I Would

Frogmore Stew

Grace and labor attorney Nicole Brenecki discuss the complexity of the Fair Labor Standards Act, focusing on recent changes to federal minimum salary requirements for exempt employees. They explore the implications for small businesses, the political spin, and the impact on middle-class workers. Nicole offers insights and strategies for business owners to adapt to the new rules.

00:00 Introduction

00:17 Grace's Early Career and Minimum Wage Insights

00:35 Small Business and Minimum Wage Politics

01:09 Understanding the Fair Labor Standards Act

02:07 Salaried Employees and Overtime Rules

02:13 Recent Changes in Minimum Salary Requirements

02:42 Exempt vs. Non-Exempt Employees

05:06 Practical Implications for Employers

05:31 Interview with Labor Attorney Nicole Brenecki

06:09 Clarifying Exempt and Non-Exempt Rules

10:50 Impact on Small and Large Businesses

14:34 Political Perspectives and Final Thoughts

16:59 Conclusion and Credits

Copyright 2024 Grace Cowan

• Nicole Brenecki
• Chris Rock - Minimum Wage - * Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for 'fair use' for purposes such as criticism, commenting, news reporting, teaching, scholarship and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
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