Ca Minimum Wage 2024 Salary Exemption Meaning. Starting january 1, 2024, california employers must pay their computer professional employees a salary of at least $115,763.35 annually ($9,646.96 monthly) or an hourly wage of $55.58 for every hour worked in order to qualify for the california computer professional exemption. In addition, these professionals must perform certain work duties to qualify as exempt employees.
As of january 1, 2024, to be considered an exempt employee in the u.s., a worker must be paid a minimum salary of $684 per week, or $35,568. Other health care employers would increase their minimum wage to $21 per hour in 2024, $23 in 2026 and $25 by 2028.
Fast Food Restaurant Employers, Effective April 1, 2024, And Healthcare Facility Employers, Effective June 1, 2024, Will Have A Higher Minimum Wage.
The july 1 increase updates the present annual salary threshold of $35,568 based on the methodology used by the prior administration in the 2019 overtime rule update.
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.
By jim wilson 27 sep 2023.
Change Also Affects Minimum Salary To Meet Overtime Exemption Test.
Images References :
The Minimum Wage In California, Effective January 1, 2024, Is $16.00/Hour For All Employers.
The state's minimum wage will increase on january 1, 2024.
Other Health Care Employers Would Increase Their Minimum Wage To $21 Per Hour In 2024, $23 In 2026 And $25 By 2028.
As of january 1, 2024, employees in california must earn an annual salary of no less than $66,560 to meet this threshold requirement.
This Exemption, Typically Referred To As The “Eap” Exemption, Applies When: