Flsa Exempt Minimum 2024. This fact sheet provides information on the salary basis requirement for the exemption from minimum wage and overtime pay provided by section 13(a)(1) of the flsa as defined. As of july 1, 2024, all employees in the united states who earn less than $844 per week ($43,888 per annum) cannot be considered exempt from the.

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. The 2024 rule raised the minimum salary in two phases, the first took effect on july 1, 2024, with the second increase effective as of january 1, 2025.