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2024

Highly Compensated Employee 2024 Exemption Rules

Highly Compensated Employee 2024 Exemption Rules. Who is considered a highly compensated employee? Hce test refers to an alternative test for exemption that applies to certain.


Highly Compensated Employee 2024 Exemption Rules

Starting july 1, 2024, employers must satisfy a higher salary threshold in order to consider employees as exempt from fair labor standards act (flsa) overtime rules. The final rule is introducing a mechanism to regularly update the salary and compensation thresholds, including an initial update to reflect earnings growth, which on july 1, 2024,.

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