New updates to the Fair Labor Standards Act (FLSA) will change the rules for exempt employees. To be exempt, employees must receive a fixed salary, meet a minimum weekly salary level, and perform specific job duties. Starting July 1, 2024, the salary requirements for these exemptions will increase, with another adjustment on January 1, 2025. These levels will be updated every three years. Ensure your business complies with these changes to avoid any issues.