Flsa Exempt Salary Threshold 2024 By State. The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date on july 1, 2024, and on january 1, 2025, when. The rule increases this minimum salary threshold, initially to $844 per week ($43,888 per year) as of july 1, 2024, and then to $1,128 per week ($58,656 per year).

The following is a comprehensive list of the 2024 exempt status salary threshold by city and state. On july 1, 2024, the first phase of the u.s.