Flsa Minimum Salary 2024. The rule is expected to increase the minimum salary threshold for the executive, administrative and professional (eap or white collar) employee exemptions to. This fact sheet provides information on the salary basis requirement for the exemption from minimum wage and overtime pay provided by section 13 (a) (1) of the flsa as defined.
Department of labor announced a final rule, defining and delimiting the exemptions for executive, administrative, professional,. On july 1, 2024, the threshold will rise to $132,964 per year.