Flsa Minimum Salary For Exempt Employees 2024. The 2024 dol rule raised the minimum weekly salary to qualify for the eap exemption from $684 per week to $844 per week, or the equivalent salary of $43,888 per year, on. On january 1, 2025, the threshold will increase to $58,656.

The rule increases the minimum salary threshold for most exempt (not eligible for overtime) employees to $43,888 on july 1, 2024, and then to $58,656 on jan. This fact sheet provides information on the exemption from minimum wage and overtime pay provided by section 13 (a) (1) of the flsa as defined by regulations, 29 cfr part.