Highly Compensated Employee 2024 Flsa Notification. The new final rule also affects the flsa’s special rule for “highly compensated” employees. 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 employees, as detailed below.
Generally, the white collar and highly compensated employee exemptions require that employees be paid a specified minimum salary and satisfy a “duties test.”. In april 2024, the united states department of labor (dol) released a final rule that will increase the minimum salary amount required to be paid to certain employees in order for these employees to be considered.
