California Minimum Wage Exempt Employees 2024
California Minimum Wage Exempt Employees 2024. As a result of a change in the state’s minimum wage, the minimum salary required for these exemptions under state law will increase to $938.40 per week on january 1, 2024. The minimum salary required for exemption is two times the state minimum wage for the first 40 hours of employment each week.
For example, in 2024, the salary threshold for executive, professional, and administrative employees, all of whom are required to receive 2x the california minimum wage, will increase from $64,480 (in 2023) to $66,560. Effective january 1, 2024 minimum wage:
California Minimum Wage Exempt Employees 2024. As a result of a change in the state’s minimum wage, the minimum salary required for these exemptions under state law will increase to $938.40 per week on january 1, 2024. The minimum salary required for exemption is two times the state minimum wage for the first 40 hours of employment each week.
For example, in 2024, the salary threshold for executive, professional, and administrative employees, all of whom are required to receive 2x the california minimum wage, will increase from $64,480 (in 2023) to $66,560. Effective january 1, 2024 minimum wage: