Flsa Minimum Salary 2024. An employee may be exempt from the flsa’s minimum wage and overtime protections if employed in an executive, administrative, or professional capacity. Department of labor’s final rule increases the minimum salary requirements for white collar exemptions from minimum wage and overtime pay under the fair labor.
Department of labor (dol)’s updated overtime rule went into effect, raising the minimum salary threshold for employees who are. The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date on july 1, 2024, and on january 1, 2025, when.
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