Non Highly Compensated Employee 2024. Under the federal fair labor standards act (flsa), employees generally must be paid an overtime premium of 1.5. These schemes, including scheme a (one month's salary for freshers), scheme b (job creation in manufacturing), and scheme c (support.

The remaining test is called the top. For 2024, a 401 (k) participant filing single can contribute up to $23,000 (up from $22,500 in 2023).