Flsa Minimum Salary Requirements 2024 Per Month. This fact sheet provides information on the salary basis requirement for the exemption from minimum wage and overtime pay provided by section 13(a)(1) of the flsa as defined. The us department of labor (dol) announced on april 23, 2024 its final rule that details increases to employee salary requirements for overtime as part of the fair.
Increase the minimum weekly salary to $844 per week, equivalent to. July 1, 2024 the threshold increases to $844 per week ($43,888 per year);