Highly Compensated Employee 2024 Flsa. A recent final rule that will significantly increase the fair labor standards act’s (flsa’s) annual salary thresholds for the highly compensated employee (hce). Department of labor (dol) announced its final rule increasing the salary thresholds for the fair labor standards act’s (flsa) overtime.
An employee may qualify as a highly compensated executive employee, for example, if the employee customarily and regularly directs the work of two or more other employees, even though the employee does not meet all of the other requirements for the executive exemption under § 541.100. What is changing for these employees under the final.