New Exempt Salary Threshold 2024 Dol. The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date on july 1, 2024, and on january 1, 2025, when changes in the methodologies used to. The department of labor has officially changed overtime rules for employers starting on july 1, 2024.

The dol is currently defending legal challenges to its 2024 rule, which increased the salary thresholds for eap exemptions. Prior to july 1, 2024, you didn’t.