The “2025 salary threshold” refers to a provision in the Fair Labor Standards Act (FLSA) that will increase the minimum salary level for overtime eligibility for certain white-collar workers. The new threshold will take effect on January 1, 2025, and will be set at $679 per week, or $35,568 per year. This represents a significant increase from the current threshold of $47,476 per year.
The 2025 salary threshold is important because it will expand overtime eligibility to millions of workers who are currently exempt. This will have a number of benefits, including increased pay for workers, reduced workload stress, and improved work-life balance. Additionally, the new threshold will help to ensure that overtime pay is fairly distributed across all workers, regardless of their job title or salary level.