Flsa Minimum Salary 2024 Poster. The new minimum salaries took effect on july 1, 2024. The 2024 rule, effective july 1, raised the minimum salary for the eap exemption to $844 per week ($43,888 annually), with another increase set to take effect january 1, 2025,.
The salary threshold will increase in two steps: On july 1, 2024, the first phase of the u.s.