Minimum Exempt Salary 2025. The salary thresholds will increase again on january 1, 2025, with the minimum salary for exempt status upped to $1,128 weekly ($58,656 annually) and the. A further increase will take effect on january.
$1,128 per week (equivalent to $58,656 per year) on january 1, 2025. Beginning july 1, 2024, the minimum.
The Minimum Earning Threshold To Qualify For The Highly Compensated Employee Exemption—A Worker Who Customarily And Regularly Performs Any One Or.
The rule also raised the minimum annual salary threshold for highly compensated employees from $107,432 to $132,964 on july 1 st and raises it to.
The New Rule Represents An Almost 65% Increase In The Minimum Exempt Salary Threshold By January 1, 2025 And An Increase Of Almost 40% In The Minimum Hce Compensation Threshold.
What are the new salary thresholds?
Minimum Exempt Salary 2025 Images References :
$43,888, Starting On July 1, 2024;
The new rule represents an almost 65% increase in the minimum exempt salary threshold by january 1, 2025 and an increase of almost 40% in the minimum hce compensation threshold.
Department Of Labor (“Dol”) Issued A Final Rule (The “Rule”) Increasing The Minimum Salary Threshold For Employees Exempt From The.
The salary thresholds will increase again on january 1, 2025, with the minimum salary for exempt status upped to $1,128 weekly ($58,656 annually) and the.