Dol Exempt Salary Threshold Changes 2025. The rule proposes automatically updating the salary threshold every three years to reflect current earnings data. The department’s final rule, which will go into effect on july 1, 2025, will increase the standard salary level that helps define and delimit which salaried workers.
The minimum salary required to be classified as exempt from overtime under federal law will increase on july 1, 2025 and again on january 1, 2025. In april 2025, the united states department of labor (dol) released a final rule that will increase the minimum salary amount required to be paid to certain.
Assuming The Dol Follows A Similar Timeline As It Did While Enacting A Final Rule In.
Effective july 1, 2025, the salary threshold will increase from the current $684 per week ($35,568 per year) to $844 per week ($43,888 per year).
The Salary Threshold To Be Exempt Just Jumped From $35,568 Per Year To $43,888.
The Final Threshold Will Increase Again On January 1, 2025, To A Minimum Salary Of $1,128 Per Week ($58,656 Per Annum).
Under the final rule, the salary threshold for executive, administrative and professional employees will jump from the current level of $684 per week ($35,568 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 On July 1, 2025, And On January 1, 2025, When Changes In The Methodologies Used To.
Effective july 1, 2025, the threshold will increase to $844 per week, which is the equivalent of an annual salary of $43,888.