Flsa Minimum Salary Threshold 2024 Nj. The fair labor standards act (“flsa”) will enact new rules on july 1, 2024, which detail the threshold levels for when employees are eligible for overtime pay. Effective july 1, 2024, the final rule increases the minimum salary required for the flsa’s executive, administrative and professional exemptions to $844 per week.

The level is $107,432 per year. The 2024 dol rule raised the minimum weekly salary to qualify for the eap exemption from $684 per week to $844 per week, or the equivalent salary of $43,888 per.