The Foraker Group

Posted Under: Advocacy Human Resources

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Over the last few months, we’ve shared information about the new Federal Minimum Salary Changes for Alaska Employers that was set to take effect on January 1, 2025.

However, on November 15, 2024, a federal judge in Texas struck down the U.S. Labor Department’s overtime rule. The decision applies to the higher salary level test that went into effect on July 1 and also blocks the next change set for January 1, 2025. The district judge also invalidated the automatic increases scheduled for every three years.

Based on this decision, the Alaska salary threshold for exempt-level positions remains at $48,796.80 per year, or $938.40 per week.

We will keep you updated and share additional information as it becomes available.