As outlined in the dol table below, the revised salary test now includes several changes in application threshold for standard and highly compensated employee total annual. The changes will expand overtime.
The salary threshold for flsa exemptions for highly compensated employees will increase to $151,164/year. Effective january 1, 2025, the threshold will then.
On April 23, 2024, The U.s.
On january 1, 2025, the salary threshold will again increase to $58,656, and then at least every three years thereafter additional increases will occur.
On April 23, 2024, The U.s.
$684 per week (equivalent to $35,568.
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Under The New Rule, On July 1, 2024, The Annual Salary Threshold Required To Exempt A Salaried Worker From Federal Overtime Pay Requirements Will Increase From $35,568 To $43,888.
Department of labor (dol) finalized a rule on april 23, 2024, setting the standard salary level for the.
Beginning July 1, 2027, The Salary Thresholds.
As outlined in the dol table below, the revised salary test now includes several changes in application threshold for standard and highly compensated employee total annual.
