Flsa Salary Threshold 2024 Effective Date. 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 changes in the methodologies used to. 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.


Flsa Salary Threshold 2024 Effective Date

The july 1 increase updates. First, using the old 2019 methodology, the rule will raise the salary threshold to $43,888 effective july 1, 2024.

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