Flsa Minimum Salary Threshold 2024. 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 requirements of the flsa’s minimum wage rates and overtime pay requirements. The employee must be paid on a “salary basis”;
The current threshold is $684 per week ($35,568 annualized). These revisions to the fair labor standards act (flsa) will increase the minimum salary from the current amount of $35,568 to $43,888 ($844/week) starting.
