New York Exempt Salary Threshold on the Horizon for 2025
The New York State Department of Labor has announced that the minimum salary threshold for overtime eligibility will increase to $60,000 per year, effective December 31, 2025. The Fair Labor Standards Act (FLSA) sets a minimum wage and overtime pay standards for employees in the private sector and in Federal, State, and local governments. According to the FLSA,… Read More »