Dol Proposed Salary Threshold 2025. The dol proposed an increase to the minimum salary threshold for overtime eligibility under the flsa to $55,068. Department of labor said tuesday it will publish a final rule raising the fair labor standards act’s minimum annual salary threshold for overtime.
1, 2025, the rule’s new methodology takes effect, resulting in the additional increase. Starting july 1, most salaried workers who earn less than $844 per week will become eligible for overtime pay under the final rule.
The Final Rule Raises The Minimum Salary Threshold For Eap Workers To $844 Per Week Or $43,888 Per Year Effective July 1, 2024, And $1,128 Per.
The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date.
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.
1, 2025, the standard salary threshold will increase to $1,128 per week ($58,656 per year) and the annual compensation for highly compensated.
To Qualify For Exemption, Employees Generally Must Be Paid At Not Less Than $684* Per Week On A Salary Basis.
The final rule will raise the threshold to the equivalent of a $43,888 annual salary on july 1,2024 and then to the equivalent of $58,656 on january 1, 2025, based.
1, 2025, Salary Floor.) The Dol.
The final rule raises the minimum salary threshold for eap workers to $844 per week or $43,888 per year effective july 1, 2024, and $1,128 per.
