California Minimum Wage 2024 Salary Exempt. Exempt employees (administrative, executive, and professional) must earn at least two times the state’s minimum wage (times 2080 hours/year). Some cities and counties have higher minimum wages than the state’s rate.
A yes vote supports increasing the state. This means that the minimum annual salary employers must pay exempt employees.
Effective January 1, 2024, The Minimum Wage Is $16.00 Per Hour For All Employers.
Therefore the minimum amount a salaried employee is required to earn in 2024 is $66,560 annually.
This Represents An Almost 65% Increase In.
Effective april 1, 2024, the minimum wage for workers in covered fast food restaurants is $20.00.
The California Minimum Wage Will Increase To $16.00 Per Hour On January 1.
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Employers Must Also Take Into Account That.
This increase is based on article 1.4 of the san francisco labor and employment code.
As Of January 1, 2024, Employees In California Must Earn An Annual Salary Of No Less Than $66,560 To.
Exempt employees (administrative, executive, and professional) must earn at least two times the state’s minimum wage (times 2080 hours/year).