Minimum Salary For Non Exempt Employees 2025. The minimum earning threshold to qualify for the highly compensated employee exemption—a worker who customarily and regularly performs any one or. Effective july 1, 2024, the final rule increases the minimum salary required for the flsa's executive, administrative and professional exemptions to $844 per week.
The salary thresholds required for exempt status will. Minimum salary for exempt employees 2025.
The Biggest Change Is An Increase In Salary Requirements For Exempt Workers — Those Who Are Exempt From Overtime Pay.
The july 1 increase updates the present annual salary threshold of $35,568 based on the methodology used by the prior administration in the 2019 overtime rule.
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).
The salary threshold to be exempt just jumped from $35,568 per year to $43,888.
Minimum Salary For Non Exempt Employees 2025 Images References :
The Final Rule Made The Following Critical Changes To The Overtime Requirements Under The Flsa:
The standard salary level will increase again on january 1, 2025 to $1,128 per week, which is equivalent to $58,656 per year.
A Further Increase Will Take Effect On January.
Starting july 1, 2024, the minimum salary requirement will rise to $844 per week, which equates to $43,888 annually.
