Dol Exempt Salary Threshold Changes 2024. The rule increases this minimum salary threshold, initially to $844 per week ($43,888 per year) as of july 1, 2024, and then to $1,128 per week ($58,656 per year) as of. Effective january 1, 2025, the minimum salary threshold is set to increase to $1,128 per week ($58,656 annualized) for the executive, administrative, and professional exemptions,.


Dol Exempt Salary Threshold Changes 2024

Department of labor (โ€œdolโ€) released a new final rule that significantly increases the minimum salary threshold to qualify for the executive,. The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the ruleโ€™s effective date on july 1, 2024, and on january 1, 2025, when changes in the methodologies used to calculate these levels become.

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