Exempt Salary Threshold 2024 Washington State. Salary employees must earn this amount to be exempt from overtime pay. For 2024, that will be $56.98 per hour.
Effective july 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to $58,656 on jan. The flsa’s minimum salary requirement is set to remain the same to start 2024, but the united states department of labor (dol) has published a proposed rule that would increase the minimum salary requirement sometime in 2024 (see below).
Salary Employees Must Earn This Amount To Be Exempt From Overtime Pay.
Under the same rules, exempt computer professionals may be paid an hourly rate rather than with a salary.
The List Does Not Include The City/County Thresholds For California.
1, 2025, the total compensation threshold will increase to $151,164, which includes at least $1,128 per week paid on a salary basis.
Washington Employers Should Begin Following The New Washington Rules Because The State Threshold Will Become More Favorable To Employees At $821.40 A Week (1.5X The State Minimum Wage) For Small Businesses And Approximately $958.30 Per Week (1.75X The State Minimum Wage) For Large Businesses.
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In 2024, Employers Must Pay Exempt Employees At Least $1,302.40 Per Week, Or $67,724.80 Per Year.
Both small and large employers must pay exempt employees a salary of at least $1,302.40 per week ($67,724.80 per year).
The Weekly Salary Amount Of $844, Or $1,128 As.
Washington employers should begin following the new washington rules because the state threshold will become more favorable to employees at $821.40 a week (1.5x the state minimum wage) for small businesses and approximately $958.30 per week (1.75x the state minimum wage) for large businesses.
The List Includes Some Special Districts In States But Does Not Include All Of Said Districts.
