Exempt Status Salary Threshold 2024. As a result of a new state minimum wage, the salary threshold used to determine which workers are exempt from overtime under state law will also increase to. The salary level will then increase to $58,656 on january 1, 2025.
The list includes some special districts in. The salary threshold will increase to $43,888 per year effective july 1, 2024.
The Final Rule Made The Following Critical Changes To The Overtime Requirements Under The Flsa:
The final rule is expected in april, 2024.
The Current Salary Threshold For Exempt Status For Executive, Administrative, And Professional (Eap) Positions Is $684 Per.
That threshold was set in 2019, when the department pegged it to.
The Salary Requirement Will Increase Over Time:
Images References :
Starting July 1, The Rule Would Increase The Threshold At Which Executive, Administrative And Professional Employees Are Exempt From Overtime Pay To $43,888.
On april 23, the dol released its final rule increasing the salary threshold for the eap and highly compensated executive exemptions.
Department Of Labor (Department) Announced A Final Rule, Defining And Delimiting The Exemptions For Executive, Administrative, Professional,.
The list includes some special districts in.
The Current Salary Threshold For Exempt Status For Executive, Administrative, And Professional (Eap) Positions Is $684 Per Week (The Equivalent Of.