California Minimum Salary Threshold 2024. As of january 1, 2024, exempt workers in california must be paid a salary that is at least twice the state’s. The minimum salary to satisfy the exemption will increase from $107,432/year to $132,964/year on july 1, 2024 and rise again, to $151,164/year, as of january 1,.
The overtime rule raises the standard salary threshold in two phases. 1, 2024, exempt employees in california must be paid a minimum annual salary of $66,560.
This means effective january 1, 2024, california’s minimum wage will increase to $16.00 per hour for all employers, regardless of size.
What are the key differences between salaried and hourly employees in california?
As of july 1, 2024:
Flsa exemption salary threshold 2024 poster now.
California Minimum Salary Threshold 2024. As of january 1, 2024, exempt workers in california must be paid a salary that is at least twice the state’s. The minimum salary to satisfy the exemption will increase from $107,432/year to $132,964/year on july 1, 2024 and rise again, to $151,164/year, as of january 1,. The overtime rule…
