2025

With the rise in inflation and the ever-changing financial panorama, it is very important keep up-to-date on the most recent exempt wage threshold by state. The exempt wage threshold is the minimal wage that an worker have to be paid with a purpose to be exempt from additional time pay. In different phrases, if an worker is paid lower than the exempt wage threshold, they’re entitled to additional time pay for any hours labored over 40 in a workweek by federal legislation. The exempt wage threshold varies from state to state, and it is very important pay attention to the precise threshold in your state with a purpose to guarantee compliance with labor legal guidelines.

There are a number of advantages to rising the exempt wage threshold. First, it might probably assist to scale back wage inequality by making certain that every one employees are paid a good wage for his or her work. Second, it might probably assist to spice up the economic system by rising client spending. Third, it might probably assist to scale back the variety of lawsuits filed towards employers for unpaid additional time wages.

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