Grace Lee

Nov 28, 2024 | spglobal.com | Rong Wei Neo |Analyst Oceana Zhou |Grace Lee

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Refined Products | Shipping | Upstream China will slash its clean oil product export tax rebates from 13% to 9% starting December 1, which will likely dampen outflows from Asia's third-largest oil product exporter.

Nov 20, 2024 | jdsupra.com | Janice Gregerson |Grace Lee |Caryn Pass

Just last week, a court order blocked the implementation of a Department of Labor rule that would increase the salary thresholds for exempt employees. Many independent schools may be wondering what this means for them, especially when they have already made changes to comply with the July 1, 2024 salary threshold increase. In this newsletter, we review how we got here and what next steps may look like. What Does the FLSA Do?

Sep 27, 2024 | jdsupra.com | Janice Gregerson |Grace Lee |Caryn Pass

Now that independent schools are well into the 2024-2025 school year, independent schools are turning their attention toward enrollment and re-enrollment season for the 2025-2026 school year. Before issuing enrollment contracts, independent schools would be wise to review and fine-tune their enrollment contracts with an eye to issues that arose in years past to ensure that those most pressing issues impacting the relationship between the school and its enrolled families are contemplated.

Aug 2, 2024 | jdsupra.com | Janice Gregerson |Grace Lee |Caryn Pass

Increases to the Salary ThresholdIn a 2024 Final Rule, the Department of Labor (DOL) announced that it would be increasing in two phases the salary threshold for employees to be exempt from overtime. Specifically:  As of July 1, 2024, the threshold increased to $844 per week/$43,888 annualized, up from the current threshold of $684 per week/$35,568 annualized; and As of January 1, 2025, the threshold will increase again to $1,128 per week/$58,656 annualized.

Apr 3, 2024 | newsbreak.com | Grace Lee

Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments.