The United States Department of Labor (DOL) has issued revised regulations regarding the federal Fair Labor Standards Act (FLSA). The revised rule increases the minimum salary threshold for overtime-exempt employees in tiers:
- Effective July 1, 2024, the minimum salary threshold for overtime-exempt employees will increase from the current level of $684 per week (equivalent to $35,568 per year for a full-year worker) to $844 per week (equivalent to $43,888 per year for a full-year worker).
The change to the FLSA rule is applicable to all non-faculty, non-student academic appointees (new hires and current appointees). If appointees earn less than $844/week ($43,888/year) after July 1, 2024, they must be reclassified as non-exempt and overtime eligible, paid biweekly, and required to report hours worked (in addition to reporting absences/leaves).
When to take Action?
The table below applies to the following titles:
- Specialists (Job Codes 003330/003329, 003320/003321, 003310/003311, 003300/003301)
- Project Scientist (Job Codes 003394/003494, 003392/003492, 003390/003490)
- Project Scientist BEE (Job Codes 003395/003495, 003393/003493, 003391/003491)
- Professional Researcher (Job Codes 003220/003190, 003210/003180, 003200/003170)
- Professional Researcher BEE (Job Codes 001989/001999, 001988/001998, 001987/001997)
- Postdoctoral Scholar (Job Code 003255)
- Academic Coordinator AY (Job Codes)
- Academic Coordinator FY (Job Codes)
- Recall Non-Faculty Academic (Job Codes 003802/003812)
Effective Date | Type of Action | FLSA Status | Pay Cycle | Provide Notice of Change in FLSA and Pay Cycle? |
---|---|---|---|---|
July 1, 2024 – December 31, 2024 | Appointments and Reappointments in applicable title codes with earning LESS THAN $844/wk | Non-exempt | Bi-Weekly | Yes |
July 1, 2024 – December 31, 2024 | New Hire with appointment percentage with earning at least or greater than $844/wk | Exempt | Monthly | No |
July 1, 2024 – December 31, 2024 | Change in appointment % with earning LESS THAN $844/wk | Non-exempt | Bi-Weekly | Yes |