Federal Minimum Salary For Exempt Employees 2025. 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. As these changes occur, job duties will.
The updated rule will also raise the. The salary threshold will increase to $43,888 per year effective july 1, 2024.
Department Of Labor (“Dol”) Issued A Final Rule (The “Rule”) Increasing The Minimum Salary Threshold For Employees Exempt From The.
The salary threshold will increase to $43,888 per year effective july 1, 2024.
Starting July 1, 2024, The Minimum Salary Requirement Will Rise To $844 Per Week, Which Equates To $43,888 Annually.
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.
Federal Minimum Salary For Exempt Employees 2025 Images References :
Department Of Labor (“Dol”) Issued A Final Rule (The “Rule”) Increasing The Minimum Salary Threshold For Employees Exempt From The.
The salary level will then increase to $58,656 on january 1, 2025.
On April 23, 2024, The U.s.
The department’s newly announced final rule, defining and delimiting the exemptions for executive, administrative, professional, outside sales, and computer employees, once.