Exempt Salary Threshold 2024 Dol. Effective july 1, 2024, the annual salary threshold for exempt executive, administrative, or professional employees will increase from its current $35,568 to $43,888 (or $844 per week). This increase is expected to affect 3.6 million workers nationwide.
Effective july 1, 2024, the annual salary threshold for exempt executive, administrative, or professional employees will increase from its current $35,568 to $43,888 (or $844 per week). The standard eap salary threshold rises from the current floor of $684 per week ($35,568 annually) to $844 per week ($43,888 annually) โ the the first phase in what could be an.
The New Threshold Means Employees Need To Earn $55,068 Or More Per Year To Be Exempt From Overtime.
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 Salary Level For That Highly Compensated Exemption Is Also Increasing, Again, In Two Phases.
Effective july 1, 2024, the annual salary threshold for exempt executive, administrative, or professional employees will increase from its current $35,568 to $43,888 (or $844 per week).
The standard eap salary threshold rises from the current floor of $684 per week ($35,568 annually) to $844 per week ($43,888 annually) โ the the first phase in what could be an.
And The Minimum Salary Level Is.
The minimum salary level is going up to $844 per week or about $43,888.