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7+ Essential Tips for Navigating the New FLSA Salary Threshold in 2025

The Honest Labor Requirements Act (FLSA) units a minimal wage and time beyond regulation pay necessities for workers in america. The FLSA additionally features a wage threshold that determines which staff are exempt from time beyond regulation pay. In 2023, the wage threshold is $684 per week, or $35,568 per 12 months. The wage threshold is adjusted each few years to maintain tempo with inflation. The following adjustment is scheduled to happen in 2025.

The FLSA wage threshold is necessary as a result of it determines which staff are eligible for time beyond regulation pay. Staff who’re paid under the wage threshold are entitled to time beyond regulation pay in the event that they work greater than 40 hours in per week. Staff who’re paid above the wage threshold will not be eligible for time beyond regulation pay, no matter what number of hours they work.

8+ Minimum Salary for Exempt Employees in 2025

The minimal wage for exempt workers in 2025 is a subject of nice significance for each employers and workers. It’s the minimal amount of cash that an employer should pay an exempt worker with a view to qualify for sure exemptions from extra time pay and different advantages. The minimal wage for exempt workers is about by the U.S. Division of Labor and is adjusted periodically to replicate modifications in the price of dwelling.

There are a number of the reason why the minimal wage for exempt workers is essential. First, it helps to make sure that exempt workers are paid a good wage for his or her work. Second, it helps to forestall employers from misclassifying workers as exempt with a view to keep away from paying extra time pay. Third, it helps to keep up a stage taking part in subject for all employers, no matter their dimension or business.