California Minimum Wage Exempt Employees 2024. Unless otherwise noted, these laws take effect january 1, 2024. In 2023, the minimum salary for exempt employees in california is $64,480.00 per year.
When employers are paying overtime at time and a half, this results in $24.00 per hour. As of january 1, 2024, the minimum annual salary for an existing exempt employee is $66,560.00.
1, 2024, Exempt Employees In California Must Be Paid A Minimum Annual Salary Of $66,560.
$16.00 per hour *see sec.
Assembly Bill 610, Written By Assemblymember Chris Holden To Amend The Labor Code Section Of Assembly Bill 1228, Clarifies The Scope Of.
In the new year, the general statewide minimum wage will increase by 50 cents, to $16 per hour.
To Make Things A Bit Easier, We’ve Built The Calculator Below For Employees To Check The Minimum Salary An Employee In Their Situation Is Normally Entitled To.
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The Minimum Base Wage For Exempt Employees Is $66,560/Year, Or $1,280/Week.
This rate is not static and is subject to changes as dictated by the state’s labor laws.
As Of January 1, 2024, New Statewide Minimum Wages For California Are As Follows
Over the last decade, two statutes—chapter 351 of 2013 (ab 10, alejo) and chapter 4 of 2016 (sb 3, leno)—gradually have increased california’s statewide minimum wage from $8 per hour to $16 per hour.
Minimum Wage And Exempt Employees Salary Threshold