Under the final rule, the salary threshold will increase to $132,964 on july 1, 2024, and to $151,164 by jan. As a result of a change in the.
The rule increases this minimum salary threshold, initially to $844 per week ($43,888 per year) as of july 1, 2024, and then to $1,128 per week ($58,656 per year). As a result of a change in the.
The Salary Level Will Then Increase To $58,656 On January 1, 2025.
1, 2025—an increase of over 41% over today’s current.
Under This Same Rule, The Annual Compensation Threshold For The Highly Compensated Employee Exemption Will Increase To $132,964 On July 1, 2024, And Then.
The final rule is expected in april, 2024.
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The Threshold To Qualify As An Hce Will Increase To $132,964 On July 1, 2024 And Then To $151,164 On January 1, 2025.
Under the final rule, the salary threshold will increase to $132,964 on july 1, 2024, and to $151,164 by jan.
The Following Is A Comprehensive List Of The 2024 Exempt Status Salary.
The salary level will then increase to $58,656 on january 1, 2025.