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 … WebDec 22, 2024 · It raises the minimum wage each January 1 to take account of the national inflation rate, up to 3.5 percent, and rounded to the nearest dime. As a result, on January 1, 2024, California’s state ...
Exempt Employees: Minimum Salary Requirements for 2024
WebJan 1, 2024 · A new year means new changes to California’s minimum wage laws. California employers should take note of the following changes to state and local minimum wage laws, set to take effect on January 1, … WebCalifornia’s minimum wage to $15 per hour by 2024. For the next six years, the state-wide minimum wage will gradually increase: Date New Minimum Wage January 1, 2024 $10.50 January 1, 2024 $11.00 January 1, 2024 $12.00 January 1, 2024 $13.00 January 1, 2024 $14.00 January 1, 2024 $15.00 Businesses with 25 or fewer employees will have an ... change id online
Exempt Employee Salaries - CalHR - California
WebNov 21, 2024 · 2024 California State Minimum Wage Law. At present in 2024, the minimum wage is $15.00 per hour for employers with 25 or more workers and $14.00 per hour for employers with fewer than 25 workers. On January 1, 2024, California's statewide minimum wage will increase to $15.50 per hour for all employees, regardless of the size … WebFeb 12, 2024 · In California, for example, the weekly salary threshold for the executive, administrative and professional exemptions is calculated by doubling the state minimum wage and multiplying by 40 hours. Web7/1/2024. $15.00. 7/1/2024. $16.04. 7/1/2024. $16.78. After 2024, the new Minimum Wage Rate will be updated annually and it will be based on the Consumer Price Index (CPI) for Urban Wage Earners and Clerical Workers (CPI-W) for the Los Angeles metropolitan area, which is published by the Bureau of Labor Statistics. hard rock casino hollywood parking