Dol Salary Threshold 2025 Lawsuit Settlement. The first, which became effective july 1, 2024, set the salary amount at $844/week (or $43,888 per year) with a second increase set to take effect as of january 1, 2025, to $1,128/week (or $58,656 per year). Effective january 1, 2025, the minimum salary threshold is set to increase to $1,128 per week ($58,656 annualized) for the executive, administrative, and professional exemptions,.
District court for the eastern district of texas vacated the department of labor’s (dol) final rule that had increased the minimum salary. The first, which became effective july 1, 2024, set the salary amount at $844/week (or $43,888 per year) with a second increase set to take effect as of january 1, 2025, to $1,128/week (or $58,656 per year).