Minimum Salary For Exempt Employees 2024. Depending on where employees work, the exempt minimum salary for 2024 in new york can range from $1,124.20 weekly ($58,558.40 annually) to $1,200 weekly ($62,400. This fact sheet provides information on the exemption from minimum wage and overtime pay provided by section 13(a)(1) of the flsa as defined by regulations, 29 c.f.r.
Exempt computer employees may be paid at least $684* on a salary basis or on an hourly basis at a rate not less than $27.63 an hour. Department of labor (โdolโ) released a new final rule that significantly increases the minimum salary threshold to qualify for the executive,.