Salary Threshold For Exempt 2024. The rule is subject to an automatic. The current threshold is a little over $107,000.
The current salary threshold for exempt status for executive, administrative, and professional (eap) positions is $684 per. This new law changes what qualifies as an exempt employee.
The Proposal Sought To Increase The Threshold From Its Current Level Of $35,568 Annually To $60,209 — A Nearly 70% Increase.
The rule increases this minimum salary threshold, initially to $844 per week ($43,888 per year) as of july 1, 2024, and then to $1,128 per week ($58,656 per year).
Some Workers Are Specifically Exempt From The Flsa’s Minimum Wage And Overtime Protections, Including Bona Fide Executive, Administrative Or Professional.
Under this new ruling, the salary threshold for exempt employees—those not entitled to overtime pay—will rise from an annual salary of $35,568 ($684 per week) to.
Under The Final Rule, The Salary Threshold For Executive, Administrative And Professional Employees Will Jump From The.
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This New Law Changes What Qualifies As An Exempt Employee.
The final rule is expected in april, 2024.
Some Workers Are Specifically Exempt From The Flsa’s Minimum Wage And Overtime Protections, Including Bona Fide Executive, Administrative Or Professional.
The rule increases this minimum salary threshold, initially to $844 per week ($43,888 per year) as of july 1, 2024, and then to $1,128 per week ($58,656 per year).