New Exempt Salary Threshold 2024 Dol

New Exempt Salary Threshold 2024 Dol. This increase is expected to affect 3.6 million workers. Effective july 1, 2024, the minimum weekly salary for exempt status will increase to $844 ($43,888 annually) and the highly compensated salary threshold will.


New Exempt Salary Threshold 2024 Dol

Beginning july 1, 2024, the new dol rule increases the salary threshold, making millions of previously exempt employees nonexempt from overtime pay. The salary level will then increase to $58,656 on january 1, 2025.

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