Flsa Exempt Wage Threshold 2024. The threshold to qualify as an hce will increase to $132,964 on july 1, 2024 and then to $151,164 on january 1, 2025. Following proposed rulemaking in august 2023, the u.s.
Department of labor (“dol”) published the final version of a rule originally proposed in september 2023, raising the salary. Some workers are specifically exempt from the flsa’s minimum wage and overtime protections, including bona fide executive, administrative or professional.
The July 1 Increase Updates The Present Annual Salary Threshold Of $35,568 Based On The Methodology Used.
On april 23, 2024, the u.s.
This Will Take Effect July 1, 2024.
On january 1, 2025, the annual salary threshold for the hce exemption increases to $151,164.
Department Of Labor Issues Final Rule Raising Salary Level For Flsa ‘White Collar’ Exemptions.
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The Flsa's Minimum Salary Requirement Is Set To Remain The Same To Start 2024, But The United States Department Of Labor (Dol) Has Published A Proposed Rule.
It will then increase to $58,656 on jan.
On April 23, 2024, The U.s.
Washington state exempt salary threshold 2024 gleda.