Exempt Salary Threshold 2024 California
This new final rule increases the federal minimum threshold for salaried exempt employees from $684 per week ($35,568 annually) as follows: Employers also must keep in.
Starting july 1, 2024, employers must satisfy a higher salary threshold in order to consider employees as exempt from fair labor standards act overtime rules. Beginning july 1, 2024, the total annual compensation threshold for the hce exemption increased from $107,432/year to $132,964/year (including at least $844/week.
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