Flsa Salary Threshold 2024. On january 1, 2025, the threshold will increase to $58,656 annually. Starting july 1, 2024, the final rule sets the standard salary level for executive, administrative and professional exempt employees under the flsa at $844 per week.

It is likely some employees formerly covered by this exception may no longer meet the salary threshold. 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 changes in the methodologies used to calculate these levels become applicable.