Highly Compensated Employee 2024 Flsa Guidelines. Starting july 1, 2027, salary thresholds will update every three years, by. On april 23, 2024, the department of labor (dol) issued the highly anticipated final rule to substantially change the minimum salary threshold and highly.
In april 2024, the department issued a final rule increasing the standard salary level for exemption, and the total annual compensation requirement for highly compensated. Increases the standard salary level and the total annual compensation requirement for highly compensated employees (hce).