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Starting January 1, 2020, the minimum salary of “white collar” exemptions for the Fair Labor Standards Act will be increasing. The increase will move the current salary of $455/week to $684/week. This will bump the annual salary up from $23,660 per year to $35,568 per year, substantial increases from 2019 to 2020. What does this mean for qualified employees?
Summary of Changes
Contact Us With Questions
The U.S. Department of Labor will be updating these salaries at a more regular basis than in the past. Although your day-to-day routine will not change, as a qualified employee, your salary is certain to. Some of these changes may be confusing at first, but are meant to benefit all employees affected. Before the 2020 changes, for more information or with questions, feel free to give us a call at (800) 453-5809.