On april 23, 2024, the dol published a final rule that raises the minimum salary threshold of the standard exemption for executive, administrative, professional, and outside sales employees, as well as some computer employees from the minimum wage and overtime protections under the flsa. $684 per week (equivalent to a $35,568.
The increase will occur in two phases: On july 1, most salaried workers earning less than $844 per week will become eligible for overtime pay.
On April 23, 2024, The Dol Published A Final Rule That Raises The Minimum Salary Threshold Of The Standard Exemption For Executive, Administrative, Professional, And Outside Sales Employees, As Well As Some Computer Employees From The Minimum Wage And Overtime Protections Under The Flsa.
1, 2025, the threshold will rise further to $1,128 per week ($58,656 annualized)
As Of January 1, 2024, Employees In California Must Earn An Annual Salary Of No Less Than $66,560 To Meet This Threshold Requirement.
Effective january 1, 2024 california labor code section 515.5 provides that certain computer software employees are exempt from the overtime requirements stipulated in labor code section 510 if certain criteria are met.
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On April 23, The Department Of Labor (Dol) Issued Its Final Rule To Alter The Overtime Pay Regulations Under The Flsa.
The state's minimum wage will increase on january 1, 2024.
The Current Threshold Is $684 Per Week ($35,568 Annualized).