Salaried Minimum Wage 2024. 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 july 1, 2024. For the sectors covered by the collective labour agreement for.
In addition, the minimum wage will be replaced with the statutory minimum. Considering a worker aged 21 or older who works 40 hours per week and receives the statutory minimum hourly wage, his weekly wage as of july 1st 2024 is:
