Minimum Salary Level: $455
•For most employees, the minimum salary level required for exemption is $455 per week
•Must be paid “free and clear”
•The $455 per week may be paid in equivalent amounts for periods longer than one week:
*Biweekly: $910
*Semimonthly: $985.83
*Monthly: $1,971.66
The minimum salary level required for exemption is $455 per week,  which must be paid “free and clear” – that is, the $455 can not include the value of any non-cash items that an employer may furnish to an employee, like board, lodging or other facilities (for example, meals furnished to employees of restaurants).  For employers that have adopted pay periods longer than one week, the equivalent of the $455 per week salary level is $910 for biweekly pay periods; $985.83, for semimonthly pay periods; and $1,971.66, for monthly pay periods.