Dol Exempt Salary Threshold 2025. The annual compensation threshold for “highly compensated employees” under the flsa, through june 30, 2024, is $107,432, which. The simplified exemption test for highly.
The annual salary threshold for the highly compensated employee exemption is currently $107,432, which the dol is increasing to $132,964 beginning. 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.
The Simplified Exemption Test For Highly.
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.
The Salary Threshold For The Highly.
Under the new rule, on july 1, 2024, the annual salary threshold required to exempt a salaried worker from federal overtime pay requirements will increase from.
Effective January 1, 2025, The Final Rule Increases The Minimum Salary Required For These Exemptions To $1,128 Per Week.
The salary level will then increase to $58,656 on january 1, 2025.
The Final Rule Did Not Modify The Salary Basis Test Or The Duties Test Provisions But Did Increase The Salary Level Amounts An Employee Must Be Paid To Be Paid In Order.
The salary threshold will increase to $43,888 per year effective july 1, 2024.