Flsa New Salary Threshold 2024. Effective july 1, 2024, the threshold will increase to $844 per week, which is the equivalent of an annual salary of $43,888. Starting on july 1, 2024, employees must earn at least $844 per week ($43,888 annually) in order to qualify under the flsa’s exemption for executive, administrative, professional, outside sales, and computer.
Businesses can stop preparing for a second increase in the minimum salary thresholds of the fair labor standards act’s (flsa) executive, administrative, and. On april 23, 2024, the department of labor (dol) released a final rule that raises the salary thresholds for certain overtime exemptions under the federal fair labor standards act (flsa).
