New Exempt Salary Threshold 2024

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New Exempt Salary Threshold 2024. Approximately 1 million exempt workers are between the new $43,888 salary threshold level ($844 a week) and the current $35,568 threshold ($684 per week), said keith. Effective january 1, 2025, the salary threshold will increase again to $1,128.


New Exempt Salary Threshold 2024

Starting july 1, 2024, employers must satisfy a higher salary threshold in order to consider employees as exempt from fair labor standards act (flsa) overtime rules. Employers that have exempt workers who earn more than $684 per week, but less than the new salary thresholds of the final rule (and who satisfy the duties requirements), can.

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