Flsa Changes 2024 Lawsuit. Department of labor's (dol) final rule (2024 overtime rule) revising the federal fair labor standards act (flsa) exemption from minimum wage. The department’s final rule, which will go into effect on july 1, 2024, will increase the standard salary level that helps define and delimit which salaried workers.

The final rule is scheduled to go into effect on july 1, 2024, so, barring judicial action in the remaining business days this month, us employers must prepare. The final rule will increase the standard salary level and the highly compensated employee total annual compensation threshold on the rule’s effective date on july 1, 2024, and on january 1, 2025, when changes in the methodologies used to.