Flsa Salary Exemption Threshold 2024

As proposed, the minimum salary threshold for eap. The minimum salary required for exemption is two times the state minimum wage for the first 40 hours of employment each week.


Flsa Salary Exemption Threshold 2024

On april 23, 2024, the u.s. Starting on july 1, 2024, employees must earn at least $844 per week ($43,888 annually) in order to qualify under the flsa’s exemption for executive,.

Additionally, Final Rule Applies To The Salary For The Computer Professional.

On april 23, 2024, the u.s.

Department Of Labor (“Dol”) Published The Final Version Of A Rule Originally Proposed In September 2023, Raising The Salary.

As proposed, the minimum salary threshold for eap.

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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 employee must receive the minimum weekly salary threshold amount in order to pass the salary test.

As A Result Of A Change In The.

Currently, the minimum salary threshold for eap exemptions is $684 per week ($35,568 per year).