Minimum Salary For Exempt Employees 2024

Minimum Salary For Exempt Employees 2024. On april 23, 2024, the department of labor published regulations that increase the minimum salary basis for an employee to be considered exempt from overtime under the fair. Exempt computer employees may be paid at least $684* on a salary basis or on an hourly basis at a rate not less than $27.63 an hour.


Minimum Salary For Exempt Employees 2024

As of july 1, 2024, all employees in the united states who earn less than $844 per week ($43,888 per annum) cannot be considered exempt from the requirements of the flsa’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.

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Minimum Salary For Exempt Employees 2024. On april 23, 2024, the department of labor published regulations that increase the minimum salary basis for an employee to be considered exempt from overtime under the fair. Exempt computer employees may be paid at least $684* on a salary basis or on an hourly basis at a rate…