Federal Flsa Salary Threshold 2025. This method is efficient when current salary is near $844. The department’s regulations require executive, administrative, and professional (eap) employees to be paid at least a minimum salary amount to be exempt from the fair labor standards act’s minimum wage and overtime requirements under section 13(a)(1).
The new dol final rule will make three key changes to the flsa exemptions: Starting july 1, 2024, the final rule sets the standard salary level for executive, administrative and professional exempt employees under the flsa at $844 per week.
The Final Rule Will Increase The Standard Salary Level And The Highly Compensated Employee Total Annual Compensation Threshold On The Rule’s Effective Date.
See how this rule could affect your business with paychex.
On April 26, 2024, The U.s.
Beginning july 1, 2027, the salary thresholds.
Federal Flsa Salary Threshold 2025 Images References :
Restore Overtime Protections For U.s.
Salary is increased to $844 per week effective july 1, 2024, and $1,128 per week effective jan.
The Increase Will Occur In Two Phases:
Starting july 1, most salaried workers who earn less than $844 per week will become eligible for overtime pay under the final rule.