California Minimum Wage 2024 Salary Exempt. The california minimum wage, effective january 1, 2024, is $16.00 per hour, regardless of the size of the employer [ source]. The 1/1/24 increase means that as of january 1, 2024, exempt employees must earn a minimum of $66,560 per year to maintain their exemption status.
California exempt employee salary minimum (2024 update) the minimum salary for exempt employees in california is tied to the state’s minimum wage. This means that state law in california provides a higher salary basis for exempt workers than what is provided under federal law.
The California Minimum Wage, Effective January 1, 2024, Is $16.00 Per Hour, Regardless Of The Size Of The Employer [ Source].
The current exempt minimum salary sits at $64,480 per year.
As Of July 1, 2024, All Employees In The United States Who Earn Less Than $844 Per Week ($43,888 Per Annum) Cannot Be Considered Exempt From The Requirements Of The Flsa’s Minimum Wage Rates And Overtime Pay Requirements.
Employers that have exempt workers who earn more than $684 per week, but less than the new salary thresholds of the final rule (and who satisfy the duties requirements), can comply by increasing affected employees’ salaries to the minimum salary level so they maintain their exempt status.
California Minimum Wage 2024 Salary Exempt Images References :
Effective January 1, 2024, The California State Minimum Wage Is $16.00 Per Hour.
The california minimum wage, effective january 1, 2024, is $16.00 per hour, regardless of the size of the employer [ source].
Fast Food Restaurant Employers, Effective April 1, 2024, And Healthcare Facility Employers, Effective June 1, 2024, Will Have A Higher Minimum Wage.
The department announced that california’s minimum wage will increase by 3.5% to $16.00 per hour for all employers as of january 1, 2024.