Highly Compensated Employee Exemption 2024 . In april 2024, the department issued a final rule increasing the standard salary level for exemption, and the total annual compensation requirement for highly compensated. The employee’s primary duty includes.
The rule will also increase the total annual compensation requirement for highly compensated employees (who are not entitled to overtime pay under the flsa if. For highly compensated employees, the threshold will increase to $132,964 in july 2024, and to $151,164 in january 2025.
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Highly Compensated Employee 2024 Definition Aurel Caresse , 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.
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