Highly Compensated Employee 2024 Flsa

Highly Compensated Employee 2024 Flsa. Under the new rule, the total annual compensation requirement for hces will increase from $107,432 per year to $132,964 per year on july 1 and will rise to. Department of labor final rule, defining and delimiting the exemptions for executive, administrative,.


Highly Compensated Employee 2024 Flsa

On april 23, 2024, the department of labor (dol) issued the highly anticipated final rule to substantially change the minimum salary threshold and highly. In addition, as of july 1, 2024, the threshold for the highly compensated employee exemption will increase from $107,32 to $132,964 annually.

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