The Truthful Labor Requirements Act (FLSA) units a minimal wage and extra time pay necessities for workers in america. The FLSA threshold is the minimal wage that an worker should be paid to be exempt from extra time pay. In 2025, the FLSA threshold is predicted to extend to $640 per week, or $33,280 per yr. This enhance is meant to maintain tempo with inflation and make sure that extra staff are eligible for extra time pay.
Growing the FLSA threshold has an a variety of benefits. First, it can assist to make sure that extra staff are paid a good wage. Second, it can cut back the variety of hours that staff are required to work extra time. Third, it can assist to degree the taking part in subject for companies that compete with one another on labor prices.