Flsa Minimum Salary Requirements 2024 Requirements

Flsa Minimum Salary Requirements 2024 Requirements. The dol opened a notice of proposed rulemaking (nprm) in september 2023, including increases to minimum compensation. Department of labor (“dol”) released a new final rule that significantly increases the minimum salary threshold to qualify for the executive,.

In april, we wrote about the u.s. The department’s regulations require executive, administrative, and professional (eap) employees to be paid at least a minimum salary amount to be exempt from the fair labor standards act’s minimum wage and overtime requirements under section 13 (a) (1).