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:
Employers Also Must Keep In Mind That Some Cities And Counties In California Have Adopted Their Own Local Minimum Wage Rates That Are Separate From The State Rate.
1, 2024, exempt employees in california must be paid a minimum annual salary of $66,560.
Raising The Minimum Wage To 15 By 2024 Would Lift Wages For 41 Million,.
1, 2024, a department of industrial relations news release states.
Effective January 1, 2023 Minimum Wage:
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Earlier This Week, The California General Assembly Passed A Bill That Alters The Golden State's New Law Raising The Minimum Wage For Fast Food Workers To $20 An Hour, Which Goes Into Effect On April 1.
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.
The Minimum Exempt Salary For California Employees, Directly Affected By The Minimum Wage Increase, Will Also Rise From $64,480 To $66,560.
Effective january 1, 2024, the minimum wage is $16.00 per hour for all employers.