Salary Minimum Wage 2024. You can use the minimum wage calculator to check whether the national minimum wage or national living wage. To be exempted from overtime and minimum wage as a highly compensated employee (“hcp”), the final rule increases the amount of annual compensation an.
These revisions to the fair labor standards act (flsa) will increase the minimum salary from the current amount of $35,568 to $43,888 ($844/week) starting. The basic salary rule in india as of 2024 is at least 40 to 50% of the total salary package as per government regulations.