Fair Work Minimum Wage Increase 2024. On january 1, 2025, the minimum salary level was set to increase again to $58,656. Some states stand out with substantial hikes, adjusting wages to better align with living costs and economic changes.

This figure is more aligned with the current cost of living and the value of the. Department of labor’s (dol) final rule raising exemption salary thresholds under the fair labor standards act (flsa) has been vacated with nationwide.