Minimum Salary For Exempt Employees In California 2024

Minimum Salary For Exempt Employees In California 2024. The 1/1/24 increase means that as of january 1, 2024, exempt employees must earn a minimum of. To qualify for the administrative, professional and executive exemptions in california, employees must meet certain salary and duties tests and must be paid at.

The current exempt minimum salary sits at $64,480 per year. The 1/1/24 increase means that as of january 1, 2024, exempt employees must earn a minimum of.

Exempt Employees (Administrative, Executive, And Professional) Must Earn At Least Two Times The State’s Minimum Wage (Times 2080 Hours/Year).

Change also affects minimum salary to meet overtime exemption test.

Some Workers Are Specifically Exempt From The Flsa’s Minimum Wage And Overtime Protections, Including Bona Fide Executive, Administrative Or Professional.

Starting july 1, 2024, employers must satisfy a higher salary threshold in order to consider employees as exempt from fair labor standards act overtime rules.

The Current Exempt Minimum Salary Sits At $64,480 Per Year.

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The Current Exempt Minimum Salary Sits At $64,480 Per Year.

1, 2024, the california state minimum wage will increase to $16 per hour for all employers, regardless of employee headcount.

Effective January 1, 2024, The California State Minimum Wage Is $16.00 Per Hour.

The rule increases this minimum salary threshold, initially to $844 per week ($43,888 per year) as of july 1, 2024, and then to $1,128 per week ($58,656 per year).