Flsa Minimum Salary Threshold 2024 Notification . Flsa final rule increasing minimum salary threshold for exempt employees. The 2024 rule, effective july 1, raised the minimum salary for the eap exemption to $844 per week ($43,888 annually), with another increase set to take effect.
The dol’s new rule increases the specified minimum salary amounts for an employee to be exempt from overtime pay requirements. Effective july 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to $58,656 on jan.
Flsa Minimum Salary Threshold 2024 Notification Images References :
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Current Flsa Salary Threshold 2024 Table Sonni Cinnamon , Starting july 1, 2024, the new rule also increases the earnings threshold for the flsa’s highly compensated employee exemption (“hce exemption”) from $107,421.
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