Flsa Salary Threshold 2024. Department of labor said tuesday it will publish a final rule raising the fair labor standards act’s minimum annual salary threshold for overtime pay. First, on july 1, 2024, the salary threshold will rise from $107,432 to $132,964 per year (a 23% increase).


Flsa Salary Threshold 2024

These revisions to the fair labor standards act (flsa) will increase the minimum salary from the current amount of $35,568 to $43,888 ($844/week) starting. The new overtime rule increases the flsa salary threshold to $43,888 annually ($844 per week), up from $35,568 ($684 per week).

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