Exempt Salary Threshold 2024 Washington

Exempt Salary Threshold 2024 Washington. With the state salary thresholds for exempt employees now a multiplier of the state minimum wage, one of the thresholds multipliers will rise on jan. Employees must be compensated on a salary basis (as defined in the regulations) at a rate not less than the current wmwa salary threshold, unless otherwise specified, and.

In 2024, employers must pay exempt employees at least $1,302.40 per week, or $67,724.80 per year. For employees fourteen to fifteen years old, the minimum wage will also.