Flsa Exemption Salary Threshold 2024. Department of labor (“dol”) released a new final rule that significantly increases the. On april 23, 2024, the u.s.
Department of labor (department) announced a final rule, defining and delimiting the exemptions for executive, administrative, professional, outside sales, and computer employees, which will take. 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.
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 rule will further raise the annualized salary threshold for the exemption for “highly compensated employees” (hce) to $151,164, up from $107,432.
Department of labor (department) announced a final rule, defining and delimiting the exemptions for executive, administrative, professional, outside sales, and computer employees, which will take.
Department of labor (dol) unveiled a new final rule that will significantly raise the minimum salary threshold to qualify for certain overtime.
