Nys Dol Exempt Salary Threshold 2024
Nys Dol Exempt Salary Threshold 2024. The 2024 final rule raises the salary threshold for the white collar and highly compensated exemptions in two phases. Salary threshold for exempt employees (2022) along with the increase to the minimum wage, the amounts that employers can deduct from employees' wages for.
The new threshold means employees need to earn $55,068 or more per year to be exempt from overtime. Separately, the new york legislature amended the new york labor law (nyll) to increase the salary threshold for exemptions from pay frequency laws for.
