Exempt Minimum Wage California 2025. For highly compensated employees, the minimum salary will be $132,964 on july 1, 2024, and increase to $151,164 on january 1, 2025. The salary threshold to be exempt just jumped from $35,568 per year to $43,888.
On january 1, 2025, the salary threshold for these employees will increase to $58,656 (or $1,128 per week) as announced by the federal department of labor in q2. Specifically, exempt employees must earn a fixed monthly salary of at least double the.
If Passed, California’s Minimum Wage Will Be The Highest In.
For businesses with less than 25 workers, the raise to $16 baseline would have gone into effect in january 2024.
Frequently Asked Questions About Exemption.
As of january 1, 2024, employees.
Exempt Minimum Wage California 2025 Images References :
With A Higher Threshold For Exemption, More Workers Are Entitled To 1.5 Times.
Specifically, exempt employees must earn a fixed monthly salary of at least double the.
For Highly Compensated Employees, The Minimum Salary Will Be $132,964 On July 1, 2024, And Increase To $151,164 On January 1, 2025.
Smaller employers, with 25 or fewer workers, would.