Dol Minimum Salary For Exempt Employees 2024

Dol Minimum Salary For Exempt Employees 2024. On april 23, the dol released its final rule increasing the salary threshold for the eap and highly compensated executive exemptions. Department of labor (dol) has issued a final rule that significantly raises the required salary threshold for many salaried exempt employees starting july 1, 2024.


Dol Minimum Salary For Exempt Employees 2024

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. Exempt computer employees may be paid at least $684* on a salary basis or on an hourly basis at a rate not less than $27.63 an hour.

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