This term refers to a document, likely in Portable Document Format (PDF), outlining the lowest compensation permissible under New York State (NYS) law for employees categorized as exempt from overtime regulations in the year 2025. Such documents typically provide detailed information regarding salary thresholds, specific exemption criteria under state and potentially federal law (like the Fair Labor Standards Act), and may offer guidance for employers on proper classification of employees. An example might be a publication by the NYS Department of Labor outlining these stipulations.
Access to this information is crucial for both employers and employees in New York State. Employers must remain compliant with current regulations to avoid legal penalties and ensure fair labor practices. For employees, understanding these stipulations allows them to evaluate their compensation and ensure they are being paid legally. Changes to minimum salary thresholds are often part of ongoing efforts to adjust for cost of living, reflect economic conditions, and ensure fair wages. Historical data on these adjustments provides context and allows for future projections.
