Federal Exempt Salary Threshold 2025. These revisions to the fair labor standards act (flsa) will increase the minimum salary from the current amount of $35,568 to $43,888 ($844/week) starting. With a higher threshold for exemption, more workers are entitled to 1.5 times.
On january 1, 2025, the salary threshold would increase even more sharply, to $1,128 per week ($58,656 annually). The rule increases this minimum salary threshold, initially to $844 per week ($43,888 per year) as of july 1, 2024, and then to $1,128 per week ($58,656 per year).
Employers That Have Exempt Workers Who Earn More Than $684 Per Week, But Less Than The New Salary Thresholds Of The Final Rule (And Who Satisfy The Duties.
The new rule increases the salary for white collar exempt employees from $684 per week to $844 per week effective july 1, 2024, and $1,128 per week effective.
Effective January 1, 2025, The Final Rule Increases The Minimum Salary Required For These Exemptions To $1,128 Per Week.
The rule also changed the salary threshold for “highly compensated” exempt employees from $107,432/year to $132,964/year on july 1, 2025, and to $151,164/year.
Federal Exempt Salary Threshold 2025 Images References :
On January 1, 2025, The Minimum Weekly Salary To Qualify For The Executive, Administrative, And Professional Exemptions Will Increase To $1,128 Per Week (The.
Employers that have exempt workers who earn more than $684 per week, but less than the new salary thresholds of the final rule (and who satisfy the duties.
The Final Rule Did Not Modify The Salary Basis Test Or The Duties Test Provisions But Did Increase The Salary Level Amounts An Employee Must Be Paid To Be Paid In Order.
The final rule increases the salary threshold required to exempt a bona fide executive,.