Minimum Salary Exempt Employees 2024. Effective july 1, 2024, the minimum weekly salary for exempt status will increase to $844 ($43,888 annually) and the highly compensated salary threshold will. The final rule is expected in april, 2024.
As a result of the new minimum wage, the state has proposed increasing the minimum salary requirement for the executive and administrative exemptions to $1,200. There is no change to the federal minimum salaries for exempt employees.
The New Dol Final Rule Will Make Three Key Changes To The Flsa Exemptions:
The final rule is expected in april, 2024.
Department Of Labor Published A Proposed Rule In August 2023 That Would Significantly Raise The Minimum.
Department of labor (โdolโ) released a new final rule that significantly increases the minimum salary threshold to qualify for the executive, administrative, professional, and highly compensated employee exemptions under the.
This Represents An Almost 65% Increase In.
Images References :
The New Dol Final Rule Will Make Three Key Changes To The Flsa Exemptions:
Department of labor published a proposed rule in august 2023 that would significantly raise the minimum.
There Is No Change To The Federal Minimum Salaries For Exempt Employees.
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