Minimum Exempt Salary California 2024. As of january 1, 2024, the minimum annual salary for an existing exempt employee is $66,560.00. January 1, 2024 • budget/.
The california minimum wage will increase to $16.00 per hour on january 1. January 1, 2024 • budget/.
The Current Exempt Minimum Salary Sits At $64,480 Per Year.
Many states have higher 2024 exempt salary threshold requirements california.
The Minimum Exempt Salary For California Employees, Which Is Tied To The State’s Minimum Wage, Will Rise From $64,480 To $66,560.
January 1, 2024 • budget/.
The California Minimum Wage Will Increase From $15.50 Per Hour To $16.00 Per Hour Effective January.
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This Means That The Minimum Annual Salary Employers Must Pay Exempt Employees.
For employers with 25 or less workers, the minimum wage would reach $18 on january 1, 2026.
As Of January 1, 2024, Employees In.
Mar 24, 2024, 07:00am edt.
Exempt Workers In California, Meanwhile, Must Be Paid A Salary.