Exempt Salary Threshold 2024 Dol

Exempt Salary Threshold 2024 Dol. To qualify for exemption, employees generally must meet certain tests regarding their job duties and be paid on a salary basis at not less than $684 * per week. Department of labor (dol) has issued a final rule that significantly raises the required salary threshold for many salaried exempt employees starting july 1,.


Exempt Salary Threshold 2024 Dol

In april 2024, the department of labor (dol) issued its final rule raising the threshold salary requirements under the fair labor standards act (flsa) for employees. Starting july 1, 2024, the final rule sets the standard salary level for executive, administrative and professional exempt employees under the flsa at $844 per week.

Exempt Salary Threshold 2024 Dol Images References :