Member Call
2024-2025 DOL Compensation Law Changes
Publication date:
07/2024
On July 1, 2024, the salary threshold for exempt employees (full- and part-time) was raised to $43,888. January 1, 2025, the salary threshold for exempt employees will increase to $58,656. Note: On November 11, 2024 the Department of Labor overtime ruling was blocked by a U.S. district court in Texas. By vacating the DOL rule, the court has nullified it on a nationwide basis.