Flsa Minimum Salary 2024. Dol will raise overtime salary threshold to $44k in july, $59k next year. Currently, the minimum salary threshold for eap exemptions is $684 per week ($35,568 per year).
The final rule made the following critical changes to the overtime requirements under the flsa: The flsa’s minimum salary requirement is set to remain the same to start.
On July 1, 2024, The Threshold Will Rise To $132,964 Per Year.
Increased salary thresholds for exempt status expected april 2024.
The Final Rule Made The Following Critical Changes To The Overtime Requirements Under The Flsa:
By office of advocacy on apr 30, 2024.
What The Final Rule Does.
Images References :
The Final Rule, Announced On.
On april 23, 2024, the u.s.
The Final Rule Increases The Salary Threshold For Overtime.
Effective july 1, 2024, the minimum weekly salary for exempt status will increase to $844 ($43,888 annually) and the highly compensated salary threshold will.