Salary Exempt Minimum Wage 2024. Starting july 1, 2024, the final rule sets the standard salary level for executive, administrative and professional exempt employees under the flsa at $844 per week. On april 23, 2024, the u.s.
In april 2024, the united states department of labor (dol) released a final rule that will increase the minimum salary amount required to be paid to certain employees in order for these employees to be considered exempt from the. Department of labor (โdolโ) announced a final rule that dramatically increases the minimum salary level that must be paid to most employees classified as exempt in order to retain their.