Beginning july 1, 2024, the threshold will increase to. Salary employees must earn this amount to be exempt from overtime pay.
The minimum salary required for a bona fide eap employee to be exempt would increase in two phases. As a result of a new state minimum.
The Washington State Department Of Labor And Industries Has Released The Updated Salary Threshold Implementation Schedule For 2024.
To be considered an overtime exempt employee, a worker must be paid a fixed salary, that salary must meet or exceed the minimum salary threshold, and they must meet the.
The Washington State Department Of Labor &Amp; Industries (L&Amp;I).
For both large (more than 50 employees) and small.
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For 2024, The Threshold For Exempt Workers Is Set At At Least $1,302.40 Per Week Or $67,724.80 Per Year.
There will be a more moderate increase of the minimum salary thresholds on july 1, 2024, followed by a larger increase.
In Accordance With Washington Stateโs Salary Threshold Implementation Schedule, The Salary Threshold For Overtime Exempt Workers Is Twice The Annual Minimum.
Salary employees must earn this amount to be exempt from overtime pay.