Washington Exempt Salary Threshold 2024

The minimum salary required for a bona fide eap employee to be exempt would increase in two phases. Under the new rule, the salary level threshold increases to $844 per week (equivalent to $43,888 annually), effective july 1, 2024, to be exempt from overtime.

Under the new rule, the salary level threshold increases to $844 per week (equivalent to $43,888 annually), effective july 1, 2024, to be exempt from overtime. 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.

The Minimum Annual Salary Threshold For Exempt Employees Statewide Will Also Rise On January 1, 2024.

To be considered an overtime exempt employee, a worker must be paid a fixed salary, that salary must meet or exceed the minimum salary threshold, and they must meet the.

1, 2024, Businesses In Washington Must Meet The State Salary Thresholds Because They Are More Favorable Than The Federal Threshold Of $684 A Week ($35,568 A.

Exempt minimum salary 2024 by state penni blakeley, the nydol has set yearly increases to those thresholds for the next three years starting in 2024 as follows:

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Beginning July 1, 2024, The Threshold Will Increase To.

In addition to the minimum wage increase, washington state is also adjusting the salary threshold for exemption from overtime pay.

Under The New Rule, The Salary Level Threshold Increases To $844 Per Week (Equivalent To $43,888 Annually), Effective July 1, 2024, To Be Exempt From Overtime.

For both large (more than 50 employees) and small.