WebJan 12, 2024 · As of January 1, 2024, California law requires exempt employees to earn at least $64,480 per year as their base salary. This is twice the amount a full-time worker … WebJan 1, 2024 · California. Basic Minimum Rate (per hour): $15.50 ... An employee earning a guaranteed monthly compensation of $2,000 or more is exempt from the State minimum wage and overtime law. ... 2024, the minimum wage will increase to $11.25 for employees not offered qualifying health insurance and to $10.25 per hour for employees offered …
California’s Minimum Wage to Increase to $15.50 per hour
WebHowever, Section 13(a)(1) of the FLSA provides an exemption from both minimum wage and overtime pay for employees employed as bona fide executive, administrative, professional and outside sales employees. Section 13(a)(1) and Section 13(a)(17) also exempt certain computer employees. These exemptions are often called the “white … WebCalifornia’s Minimum Wage to Increase to $15.50 per hour ... earn no less than two times the state’s minimum wage for full-time work to meet this initial requirement of the exemption test. As of January 1, 2024, employees in California must earn an annual … how to watch die hard
California Announces Substantial Increase in Compensation Rate …
WebOct 17, 2024 · [1] It should also be noted that many state and local laws, including California law, will also increase the minimum wage for all employees based on inflation starting in 2024.California will increase the state minimum wage by 3.5% to $15.50 per hour, which will also impact the state exemption threshold. Given the number of remote … WebThe Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. Covered nonexempt workers are entitled to a minimum wage of not less than $7.25 per hour effective July 24, 2009. Web9 rows · Feb 17, 2024 · In 2024, employees are entitled to be paid a minimum wage of at least $15.50 per hour.15 This ... how to watch dickinson