California Flsa Salary Threshold 2024. Department of labor (dol) unveiled a new final rule that will significantly raise the minimum salary threshold to qualify for certain overtime exemptions under the. There are three factors which must all be in place in order for an employee to be classified as exempt from overtime in california:
The federal fair labor standards act (flsa) requires all exempt employees be paid at least $684 per week. California is largely unaffected by the final rule.
California Is Largely Unaffected By The Final Rule.
Effective july 1, 2024, the salary threshold will increase from the current level of $684 per week ($35,568 annualized) to $844 per week ($43,888 annualized).
The 2024 California Minimum Wage Is $16.00 Per Hour.
The following is a comprehensive list of the 2024 exempt status salary threshold by state.
The Current Threshold Of About $35,500.
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Employers Must Post The Minimum Wage Order And The Wage Order Applicable To Their Workplace At A Worksite Area Accessible To Employees.
The federal exempt salary threshold holds sway in any state or locality that does not have its own, higher threshold.
The Level Is $107,432 Per Year For Hces Under The Existing Rules, Including At Least $684 Per Week Paid On A Salary Or Fee Basis.
The new overtime rule raises the federal salary threshold.