Lindy Petrina >> 2024 >> Minimum Salary Requirements California 2024
0 Comments
Minimum Salary Requirements California 2024. New minimum exempt weekly salary requirement: For 2024 this is $16.00 per hour x 2,080 hours/year x 2 = $66,560.
Employers also must keep in. Department of labor (dol) has issued its final rule to increase the minimum salary requirements for the “white collar” exemptions (executive, administrative, and.
This Represents An Almost 65% Increase In.
The current exempt minimum salary sits at $64,480 per year.
Starting January 1, 2024, To Fulfill This Key Requirement In California, Employees Must Have An Annual Salary Of At Least $66,560.
Unless otherwise noted, these laws take effect january 1, 2024.
On April 23, 2024, The U.s.
Images References :
For 2024 This Is $16.00 Per Hour X 2,080 Hours/Year X 2 = $66,560.
But the hikes were not much higher than no.
As Of January 1, 2024, Employees In California Must Earn An Annual Salary Of No Less Than $66,560 To Meet This Threshold Requirement.
Employers also must keep in mind that some.
The 2024 Rule Also Raises The Total Annual Income Threshold For “Highly Compensated Employees,” Who Face More Relaxed Requirements For Being Exempt From.