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.
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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Nys Dol Minimum Wage 2024 Poster Sybil Kimberlyn , In april 2024, the united states department of labor (dol) released a final rule that will increase the minimum salary amount required to be paid to certain employees in order.
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DOL Proposes New Exempt Salary Threshold To Start In 2024 , Rule ensures salaried workers making less than $58,656 receive fair pay for long hours.
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