Salary Exemption Threshold 2024

The salary threshold will increase to $43,888 per. That threshold was set in 2019, when the department pegged it to.


Salary Exemption Threshold 2024

As a result of a new state minimum wage, the salary threshold used to determine which workers are exempt from overtime under state law will also increase to. After receiving thousands of comments, the dol’s final rule increases the salary level threshold in two steps:

Effective July 1, 2024, The U.s.

To qualify for exemption, employees generally must be paid at not less than $684 * per week on a salary basis.

On April 26, 2024, The Department Of Labor’s Wage And Hour Division (Dol) Issued A Final Rule That Will Increase The Minimum Salary Threshold For The “White Collar”.

These salary requirements do not apply to outside sales.

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1, 2025—An Increase Of Over 41% Over Today’s Current.

Department of labor (“dol”) released a new final rule that significantly increases the minimum salary threshold to qualify for the.

On January 1, 2025, The Salary Threshold Would Increase Even More Sharply, To $1,128 Per Week ($58,656 Annually).

The employee must receive the minimum weekly salary threshold amount in order to pass the salary test.