Flsa Minimum Salary Threshold 2024 Per Month. The new overtime rule increases the flsa salary threshold to $43,888 annually ($844 per week), up from $35,568 ($684 per week). On april 23, 2024, the dol published a final rule that raises the minimum salary threshold of the standard exemption for executive, administrative, professional, and outside sales employees, as well as.
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. The rule will also increase the total annual compensation requirement for highly compensated employees (who are not entitled to overtime pay under the flsa if certain requirements are met) from.
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