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The salary basis test is foundational in its April 23 final rule , which stipulated that covered organizations must ensure all employees who are classified as exempt from overtime make at least: $43,888 in base salary beginning on July 1, 2024 (up from the previous $35,568 annual standard outlined in the DOL’s 2019 final rule ), and;$58,656 in base salary beginning on Jan. 1, 2025.; Under the April 2024 rule, that threshold would increase every three years based on up-to-date wage data.

Gavin Newsom, the law will take effect on Jan. 1, 2026.

The stages are: Nov. 1, 2023: BC Public Service Agency and Crown corporations with more than 1,000 employees (ICBC, BC Hydro, WorkSafeBC, BC Housing, BC Lottery Corporation and BC Transit);Nov. 1, 2024: all employers with 1,000 employees or more;Nov. 1, 2025: all employers with 300 employees or more;Nov. 1, 2026: all employers with 50 employees or more; The B.C. legislation also prevents employers in the province from asking prospective employees for pay history information, or from punishing employees who disclose their pay to co-workers or potential job applicants.

The Salary Basis Test’s Role in the DOL’s 2024 Final Rule The salary basis test was foundational in the DOL’s April 23, 2024, final rule that stipulated covered organizations must ensure all employees who are classified as exempt from overtime make at least: ;$43,888 in base salary beginning on July 1, 2024 (up from the previous $35,568 annual standard outlined in the DOL’s 2019 final rule), and; ;$58,656 in base salary beginning on Jan. 1, 2025.; Under the rule, an automatic escalator provision would increase that threshold every three years based on up-to-date wage data.

Global Employers for EU Pay Transparency , Workspan Daily Plus+ article;Checklist for Total Rewards to Be Compliant with H.R. 1 Provisions , Workspan Daily Plus+ article; For Everyone WorldatWork: 2026 Salary Increase Budgets Project U.S., Global Caution , Workspan Daily article;Global Healthcare Costs Projected to Rise More Than 10% in 2026 , Workspan Daily article;Charting the Changes: 2026 Benefit Plan Limitations , Workspan Daily article;2025-2026 Salary Budget Survey , research; Artificial intelligence (AI), agility and culture are top of mind for HR executives as they look ahead to 2026.

Harvard decision (Figure 1 and Table 1).

Human Resource Management Review 24(1): 1-4.

In the below figure, consider: Lines 1 and 3 reflect the ratio of pay received by the interim CEO vs. the former CEO.

Figures 2A and 2B visually represent the effects of receiving recognition at two different levels of organizational justice: when organizational justice is high (1 SD above the mean) and when organizational justice is low (1 SD below the mean).

Personnel Psychology 45(1): 55–74.