Salary Exempt Minimum Wage 2024 Washington. That means an employee exempt from overtime pay must earn at least $1,101.80 a week ($57,293.60 a year). Washington’s minimum wage will rise to $16.28 from $15.74 in 2024.
In 2024, employers must pay exempt employees at least $1,302.40 per week, or $67,724.80 per year. The july 1 increase updates the present annual salary threshold of $35,568 based on the methodology used by the prior administration in the 2019 overtime rule update.
Tumwater — Washington’s Minimum Wage Is Going Up To $16.28 An Hour Next Year, A 3.4 Percent Increase Over 2023.
How washington state calculates minimum wage.
This Totals $65,478.40 Per Year.
Washington employers that pay computer professionals.
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 Week.
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The Minimum Hourly Pay Increased To $101.22 From $97.99.
However, starting in 2024, the salary threshold will be raised, extending overtime pay rights to a larger.
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Large employers with 51 or more employees must pay exempt employees a weekly salary of at least $1,259.20 per week.
On September 29, 2023 The Washington State Department Of Labor And Industries Announced The New State Minimum Wage Effective January 1, 2024: