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Shannon Millerhighly Compensated Employee 2024 Dol

Shannon Millerhighly Compensated Employee 2024 Dol. Department of labor (“dol”) released a new. On april 24, 2024, the us department of labor (dol) announced the highly anticipated revisions to the salary thresholds for the fair labor standards act’s (flsa’s).


Shannon Millerhighly Compensated Employee 2024 Dol

The dol’s final rule calls for salary threshold increases effective july 1, 2024, with additional increases effective january 1, 2025, as follows: The final rule increases the salary threshold for exemption from overtime pay and increases the total annual compensation requirement for overtime pay exemption.

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