Flsa Minimum Salary Requirements 2024 Salary . 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. On july 1, most salaried workers earning less than $844 per week will become eligible for overtime pay.
Starting july 1, 2024, the final rule sets the standard salary level for executive, administrative and professional exempt employees under the flsa at $844 per week. The new rule calls for a.
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Exempt Minimum Salary 2024 By State Penni Blakeley , Department of labor (dol) released a notice of proposed rulemaking (nprm) that would significantly raise the minimum weekly salary to qualify.
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Flsa Minimum Salary 2024 Mandy Lauretta , Starting july 1, 2024, the final rule sets the standard salary level for executive, administrative and professional exempt employees under the flsa at $844 per week.