Exempt Salary Threshold 2024 Dol. Under the new rule, on july 1, 2024, the annual salary threshold required to exempt a salaried worker from federal overtime pay requirements will increase from. Some workers are specifically exempt from the flsa’s minimum wage and overtime protections, including bona fide executive, administrative or professional.

In april 2024, the department issued a final rule increasing the standard salary level for exemption, and the total annual compensation requirement for highly compensated. On april 23, 2024, the u.s.