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Washington State Exempt Salary Threshold 2024
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Washington State Exempt Salary Threshold 2024
The april 2024 final rule increases the salary thresholds for exempt employees. The state of washington has announced increases in the minimum wage rate and the exempt salary thresholds for employees, effective january 1, 2024.
Or estimate a budget for the overtime cost if an employee is. In washington, employees must satisfy certain salary and duties tests to be classified as exempt from overtime under state law.
With The State Salary Thresholds For Exempt Employees Now A Multiplier Of The State Minimum Wage, One Of The Thresholds Multipliers Will Rise On Jan.
The washington state overtime threshold for exempt jobs as of january 1, 2024, is set by state rule at 2 times the state minimum wage and will be $1,302.40 per.
In Accordance With Washington State’s Salary Threshold Implementation Schedule, The Salary Threshold For Overtime Exempt Workers Is Twice The Annual Minimum.
The minimum annual salary threshold for exempt employees statewide will also rise on january 1, 2024.
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This Change Impacts How Much Executive, Administrative, And Professional Workers Plus Computer Professionals And Outside Salespeople Must Earn In Salary To Be.
For january 1, 2024, the minimum salary threshold to satisfy the law’s “executive, administrative and professional” exemption will be $67,724.80 per year ($1,2302.40 per.
There Will Be A More Moderate Increase Of The Minimum Salary Thresholds On July 1, 2024, Followed By A Larger Increase.
Beginning july 1, 2024, the threshold will increase to.
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