Flsa Minimum Salary Threshold 2024 India. Starting july 1, 2024, the new rule also increases the earnings threshold for the flsa’s highly compensated employee exemption (“hce exemption”) from $107,421. The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date on july 1, 2024, and on january 1, 2025, when.
Employees earning below the new standard salary levels ($844 per week starting july 1, 2024, and $1,128 per week starting january. In april 2024, the department issued a final rule increasing the standard salary level for exemption, and the total annual compensation requirement for highly compensated employees, as detailed below.
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