Who Is A Highly Compensated Employee In 2024. The threshold for determining who is a highly compensated employee under section 414(q)(1)(b) increases to $155,000 (from $150,000). In general, an individual is considered an hce for a given year if they either meet:

A highly compensated employee is. First, the employee must be paid a total annual compensation of at least $132,964 as of july 1, which includes at least $844 per week on a salary basis.