July 1 2024 Flsa Salary Exemption. The department’s final rule, which will go into effect on july 1, 2024, will increase the standard salary level that helps define and delimit which salaried workers are entitled to overtime pay protections under. The changes will expand overtime pay eligibility to millions.

The 2024 rule, which took effect on july 1, 2024, raised the minimum weekly salary to qualify for the flsa’s eap exemptions from $684 to $844. For highly compensated employees subject to the flsa, the salary threshold is going up to $132,964 on july 1, 2024, and then up to $151.164.