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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 extra time pay necessities for workers in the USA. The FLSA additionally features a wage threshold that determines which staff are exempt from extra time pay. In 2023, the wage threshold is $684 per week, or $35,568 per yr. The wage threshold is adjusted each few years to maintain tempo with inflation. The subsequent adjustment is scheduled to happen in 2025.

The FLSA wage threshold is vital as a result of it determines which staff are eligible for extra time pay. Staff who’re paid beneath the wage threshold are entitled to extra time pay in the event that they work greater than 40 hours in every week. Staff who’re paid above the wage threshold usually are not eligible for extra time pay, no matter what number of hours they work.

8+ Minimum Salary for Exempt Employees in 2025

The minimal wage for exempt staff in 2025 is a subject of nice significance for each employers and staff. It’s the minimal sum of money that an employer should pay an exempt worker as a way to qualify for sure exemptions from time beyond regulation pay and different advantages. The minimal wage for exempt staff is ready 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 explanation why the minimal wage for exempt staff is essential. First, it helps to make sure that exempt staff are paid a good wage for his or her work. Second, it helps to stop employers from misclassifying staff as exempt as a way to keep away from paying time beyond regulation pay. Third, it helps to keep up a degree enjoying area for all employers, no matter their measurement or trade.