Flsa Exemption Salary Threshold 2024 Date

Flsa Exemption Salary Threshold 2024 Date. On april 23, 2024, the dol published a final rule that raises the minimum salary threshold of the standard exemption for executive, administrative, professional,. Department of labor released a final rule on april 23, 2024, raising the salary threshold to qualify for certain overtime exemptions under federal law.

On july 1, 2024, the department of labor’s rule raising the salary threshold for workers to be exempt from the overtime requirements of the fair labor standards. The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date on july 1, 2024, and on january 1, 2025, when changes in the methodologies used to.