Flsa Minimum Salary 2024 Poster. 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. The department’s final rule, which will go into effect on july 1, 2024, will increase the standard salary level that helps define and delimit which salaried workers.
The department’s regulations require executive, administrative, and professional (eap) employees to be paid at least a minimum salary amount to be exempt from the fair labor standards act’s minimum wage and. The department’s final rule, which will go into effect on july 1, 2024, will increase the standard salary level that helps define and delimit which salaried workers.