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 2025 Grace Cowan
