Flsa Salary Threshold 2025 Increase

Flsa Salary Threshold 2025 Increase. DOL Issues Final Rule Increasing Salary Threshold for FLSA Exemptions Crowell & Moring LLP Ultimately, the ruling reverts the overtime salary threshold back to the 2017 amount of $35,568, eliminating the most recent increase that went into place on July 1, 2024. 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 update

The first increase took effect on July 1, increasing the minimum salary threshold from the current level of $684 per week ($35,568 per year) to $844 per week ($43,888 per year) FLSA Compliance Videos; Employer.gov; Worker.gov; Data; DOL Enforcement Database;

New Overtime Rule 2024 FLSA Salary Threshold Increases

To keep it simple, employers do not need to adjust employee salaries to account for the adjusted overtime threshold heading into 2025 The first increase went into effect on July 1, 2024, increasing the salary minimum to $844 per week ($43,888 per year) The second increase was set to take effect on January 1, 2025, and it would have increased the minimum salary threshold again to $1,128 per week ($58,656 per year)

DOL Increases Salary Threshold for White Collar Exemptions under the FLSA VirgilHR. On January 1, 2025, the EAP threshold was set to increase to $1,128 per week, the equivalent of a $58,656 annual salary, and the HCE exemption was set to increase to $151,164 per year. FLSA Compliance Videos; Employer.gov; Worker.gov; Data; DOL Enforcement Database;

DOL Increases Salary Threshold for White Collar Exemptions under the FLSA VirgilHR. The first increase went into effect on July 1, 2024, increasing the salary minimum to $844 per week ($43,888 per year) The second change is currently scheduled to go into effect Jan