The new overtime rule increases the FLSA salary threshold to $43,888 annually ($844 per week), up from $35,568 ($684 per week). This new law changes what qualifies as an exempt employee. But, this threshold is only one of three requirements employees must meet for FLSA exemption. ...
The salary threshold will increase to $1,128 per week ($58,824 annually) on January 1, 2025. Starting in 2027, the salary threshold will be automatically updated every three years to keep pace with changes in worker pay.