Dol Flsa Threshold 2024. On april 23, 2024, the u.s. Department of labor (“dol”) released a new final rule that significantly increases the minimum salary threshold to qualify for the.
The changes will expand overtime. Department of labor (dol) finalized a rule on april 23, 2024, setting the standard salary level for the.
On April 23, 2024, The U.s.
Starting july 1, the threshold will increase from $35,568 to $43,888 per year.
On January 1, 2025, The Annual Salary Threshold For The Hce Exemption Increases To $151,164.
On april 23, 2024, the u.s.
Department Of Labor (Dol) Unveiled A New Final Rule That Will Significantly Raise The Minimum Salary Threshold To Qualify For Certain Overtime.
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This Will Take Effect July 1, 2024.
The rule will also increase the total annual compensation requirement for highly compensated employees (who are not entitled to overtime pay under the flsa if certain requirements are met) from $107,432 per year to $132,964 per year on july 1,.
