Exempt Salary Threshold 2024 Dol. Employers may use nondiscretionary bonuses and incentive payments (including commissions) paid on an annual or more frequent basis, to satisfy up to 10 percent of the standard salary level. In april 2024, the department of labor (dol) issued its final rule raising the threshold salary requirements under the fair labor standards act (flsa) for employees classified as exempt from overtime pay when working in excess of forty (40) hours in a seven (7) day workweek, (the “2024 rule”).
The rule will further raise the annualized salary threshold for the exemption for “highly compensated employees” (hce) to $151,164, up from $107,432. An employee is paid a salary, 2.