Flsa Minimum Salary Threshold 2024 Salary. Under federal law, employers must meet a salary threshold to maintain an employee’s administrative, executive or professional exemption, referred to as the “white. The 2024 dol rule raised the minimum weekly salary to qualify for the eap exemption from $684 per week to $844 per week, or the equivalent salary of $43,888 per year, on.
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. This fact sheet provides information on the salary basis requirement for the exemption from minimum wage and overtime pay provided by section 13 (a) (1) of the flsa as.