Highly Compensated Employee 2024 Definition. An hce can be defined as an employee who owned more than 5% of the company at any time during the year (or the year before). To qualify for the highly compensated employee (hce) exemption under the flsa, each employee must satisfy the following:

Irs definition of highly compensated 2024. Officers making over $225,000 in 2024 (up from $215,000 for.