Flsa Exempt Salary Threshold 2024

Flsa Exempt Salary Threshold 2024. $132,964, including at least $844 per week paid on a salary or fee basis. Flsa exempt salary threshold increases july 1, 2024beginning on july 1, 2024, workers earning less than $43,888 annually ($844 weekly) will become newly eligible for overtime.


Flsa Exempt Salary Threshold 2024

The rate will increase again. The current salary threshold for exempt status for executive, administrative, and professional (eap) positions is $684 per week (the equivalent of.

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As a result, employers must pay a salary of at least $1,280 per week beginning january 1, 2024 to qualify for the exemption.

Kunzler Bean &Amp; Adamson Employment Law / Law Updates Effective July 1, 2024:

An exempt employee typically works in a professional, executive, or administrative position and meets the following three requirements:

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As A Result, Employers Must Pay A Salary Of At Least $1,280 Per Week Beginning January 1, 2024 To Qualify For The Exemption.

Kunzler bean & adamson employment law / law updates effective july 1, 2024:

The Salary Level For That Highly Compensated Exemption Is Also Increasing, Again, In Two Phases.

Salary basis threshold for flsa exempt employees increases to $43,888 annually starting on july 1,.