How often will the minimum salary level for most white-collar overtime exemptions and the minimum total annual compensation for a highly compensated employee (HCE) be updated?
Author: Deborah J. Tibbetts, Esq.
The minimum salary level and the minimum HCE total annual compensation level will be updated every three years, with the first update taking effect on January 1, 2020. Future automatic updates are scheduled to take effect on January 1 of 2023, 2026, etc. Notice of the updated thresholds will be published in the Federal Register at least 150 days before they take effect.