California Minimum Wage 2024 Salary Exempt. What earlier this year seemed like a long shot is now a done deal: In 2023, the minimum salary for exempt employees in california is $64,480.00 per year.
The 1/1/24 increase means that as of january 1, 2024, exempt employees must earn a minimum of. This means effective january 1, 2024, california’s minimum wage will increase to $16.00 per hour for all employers, regardless of size.
By Alec Regimbal April 2, 2024.
This means effective january 1, 2024, california’s minimum wage will increase to $16.00 per hour for all employers, regardless of size.
Other Employers Might Have To Raise Their Pay Floor To Recruit And Retain Staff.
This also means that as of jan.
On April 23, 2024, The U.s.
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In November 2024, Voters Will Consider A Proposition That Would Raise The State’s Minimum Wage To $18.00 Per Hour In 2025 For Larger Employers And In 2026 For Small Employers.
Dol increases compensation threshold for exempt employees.
$16.75 To $17.35 Per Hour.
1, 2024, exempt employees in california must be paid a minimum annual salary of $66,560.
The 2024 California Minimum Wage Is $16.00 Per Hour.
