Flsa Salary Threshold 2024 By State. On january 1, 2025, the annual salary threshold for the hce exemption increases to $151,164. The flsa salary threshold is the minimum salary employers must pay employees for them to be exempt from overtime wages.
New york city and the rest of “downstate” (nassau,. It will then increase to $58,656 on jan.
Department Of Labor (Department) Announced A Final Rule, Defining And Delimiting The Exemptions For Executive, Administrative, Professional,.
Earnings threshold current amount minimum salary amount beginning july 1, 2024 minimum salary amount beginning january 1, 2025;
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.
Department of labor (dol) unveiled a new final rule that will significantly raise the minimum salary threshold to qualify for certain overtime.
The Final Rule Is Expected In April, 2024.
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On April 23, The Department Of Labor (Dol) Issued Its Final Rule To Alter The Overtime Pay Regulations Under The Flsa.
The july 1 increase updates the present annual salary threshold of $35,568 based on the methodology used.
Employers Must Pay Employees A Salary Of At Least $684 Per Week.
Earnings threshold current amount minimum salary amount beginning july 1, 2024 minimum salary amount beginning january 1, 2025;