Flsa Exempt Threshold 2024. The 2025 salary thresholds will. Plan now for new exempt salary threshold starting in 2024.
On april 23, 2024, the u.s. The new rule will also raise the minimum annual salary threshold for the hce exemption to $132,964 per year starting july 1, 2024, which will also increase.
The Flsa's Minimum Salary Requirement Is Set To Remain The Same To Start 2024, But The United States Department Of Labor (Dol) Has Published A Proposed Rule.
The final rule increases the salary threshold required to exempt a bona fide executive, administrative, or professional employee from federal overtime requirements.
On July 1, 2024, The Threshold Will Rise To $132,964 Per Year.
The rule is expected to increase the minimum salary threshold for the executive, administrative and professional (eap or white collar) employee exemptions.
This Exemption, Typically Referred To As The “Eap” Exemption, Applies When:.
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Department Of Labor (“Dol”) Released A New Final Rule That Significantly Increases The Minimum Salary Threshold To Qualify For The.
The rule is expected to increase the minimum salary threshold for the executive, administrative and professional (eap or white collar) employee exemptions.