Note to Employers #1 : Increase to Minimum Required Pay for Salaried Employees and Highly Compensated Employees (HCE).
- Parker Franklin
- Nov 8
- 1 min read
Employers with salaried employees must be aware of the increased minimum required pay that took effect at the start of the year.
Effective 1 Jan 2025 the new minimum salary amounts start at $58,656 a year, translating to $1,128 per week.
The new threshold for Highly Compensated Employees is increased to $151,164 per year.
Incase you as an employer, have any employees under this threshold, contact us today to discuss how we can fix this issue and abide by the U.S. Department of Labor requirements. We can answer any questions or concerns related to your employee's pay.


Comments