Federal Salary Chart 2024. Before sharing sensitive information, make sure you’re on a federal government site. Standard salary level test amounts.
First day of the first applicable pay period beginning on or after 01/01/2024. To determine what your annual.
The Rule Will Also Increase The Total Annual Compensation Requirement For Highly Compensated Employees (Who Are Not Entitled To Overtime Pay Under The Flsa If Certain.
Specifically, the final rule defines the term “senior executive” to refer to workers.
The Rule Increases The Minimum Salary Threshold To Qualify For The White Collar Or Executive, Administrative, And Professional Employee Exemptions To Overtime.
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Incorporating The 4.7% General Schedule Increase.
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On april 24, 2024, the us department of labor (dol) announced the highly anticipated revisions to the salary thresholds for the fair labor standards act’s (flsa’s).