Flsa Exemption Salary Threshold 2024 Salary Threshold. After the federal court’s decision to block the federal changes, six states will have minimum salary requirements for overtime exemption that will increase on january 1, 2025. Section 13 (a) (1) of the flsa provides an exemption from both minimum wage and overtime pay for employees employed as bona fide executive, administrative, professional and outside sales.
Effective july 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to $58,656 on jan. On july 1, 2024, the fair labor standards act (flsa)’s salary thresholds for the “eap” (or “white collar”) exemption for executive, administrative, and professional employees,.