Dol Minimum Salary For Exempt Employees 2024

Dol Minimum Salary For Exempt Employees 2024. Effective july 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to $58,656 on jan. On april 23, 2024, the dol published a final rule that raises the minimum salary threshold of the standard exemption for executive, administrative, professional,.


Dol Minimum Salary For Exempt Employees 2024

Dol proposes increase to minimum salary for exempt employees. Specifically, the new dol rule increases the minimum salary for exempt employees from $684 per week ($35,568 annually) to $1,059 per week ($55,068.

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