WebState of California Exempt Salary Schedule January 2024 (This page left blank intentionally.) ... Overtime for employees in classes not eligible for exemption under Section 7K of the Fair Labor Standards Act (FLSA) is defined as all hours worked in excess of 40 hours in a period of 168 WebThe Department of Labor issued a final rule on Sep. 24, 2024 increasing the salary-level threshold for white-collar exemptions to $684 a week from $455 a week. The final rule is effective Jan. 1,...

Employers Must Review State Overtime Exemption Rules - SHRM

WebSep 24, 2024 · The changes to the FLSA overtime exemptions, and the implications for California employers, are described more fully below. Increase In Minimum Salary for Exempt Status For exempt managerial, administrative, and professional employees, the minimum salary will now be $35,568 per year (compared to the current $23,660). WebSep 24, 2024 · Today, as anticipated, the U.S. Department of Labor (USDOL) published its final rule raising the Fair Labor Standards Act (FLSA) salary threshold for the executive, administrative, and professional (EAP) exemptions to $35,568 per year, or $684 per week, effective January 1, 2024. purokase

California Minimum Wage and Salary Exemption Threshold …

WebOct 4, 2024 · As of September 24, 2024, the DOL published its final rule, raising the FLSA threshold for the EAP exemption to $35,568.00 per year, or $684.00 per week. The new threshold takes effect on January 1, 2024. This is a major increase from the current salary threshold set at $23,660.00 per year, or $455.00 per week. WebIn accordance with Labor Code Section 515.5 (a) (4), the department has adjusted the computer software employee's minimum hourly rate of pay exemption from $50.00 to $53.80, the minimum monthly salary exemption from $8,679.16 to $9,338.78, and the minimum annual salary exemption from $104,149.81 to $112,065.20 effective January 1, … Starting with Alaska, exempt employees must be paid two times the state minimum wage for the first 40 hours worked each week, excluding board or lodging from the employer. 1. $45,136 annually ($868.00 per week) See more California, meanwhile, also stipulates that exempt employees must earn a monthly salary equivalent to no less than two times the state minimum wage for full-time employment. But the state has two separate levels for … See more Colorado’s salary requirements for exemption status are: 1. $50,000 per year ($961.54 per week) 2. If highly technical computer professionals are paid on an hourly basis and … See more New York City’s alary requirements for exempt employees is: 1. $58,500 annually ($1,125 per week) That’s also the threshold in Nassau, Suffolk, Westchester Counties, counties, N.Y. See more In Maine, an exempt employee’s regular annual compensation must exceed 3,000 times the state’s minimum hourly wage or federal rate (whichever is higher) Effective Jan. 1, 2024, that makes it: 1. $41,401 annually ($796.17 … See more barbados update