Washington State Minimum Wage 2024 Exempt. The minimum annual salary threshold for exempt employees statewide will also rise on january 1, 2024. Wa state exempt salary threshold 2024 chart.
The state minimum wage applies to workers 16 years and older. Washington’s minimum wage will go up $.54 per hour to $16.28 effective on january 1, 2024.
In 2024, Employers Must Pay Exempt Employees At Least $1,302.40 Per Week, Or $67,724.80 Per Year.
New york ($16), california ($16), washington ($16.28), and the district of columbia ($17) have the highest minimum wages, as of january 2024.
Effective July 1, 2024, The Salary Threshold Will Increase To The Equivalent Of An Annual Salary Of $43,888 And Increase To $58,656 On Jan.
Washington minimum wage and exempt salary increase in 2024.
For 2024, The Wage For That Younger Group Will Be $13.84 Per Hour.
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The 8.66 Percent Rise Is Directly Linked To The Cost Of Common Goods Such As Housing, Food, And Medical Care As Reflected In The Consumer Price Index.
Small business employers will be required to raise their employee’s pay from $1,101.80 weekly ($57,293.60 annually) to a minimum of $1,302.40 weekly ($67,724.80 annually) effective january 1, 2024.
The Washington State Minimum Wage Rate For Nonexempt Employees Sixteen Years Of Age And Older Will Increase 3.4 Percent Over The 2023 Rate To $16.28 Per Hour In 2024.
The washington state minimum wage rate for nonexempt employees sixteen years of age and older will increase 3.4 percent over the 2023 rate to $16.28 per hour in 2024.
Effective July 1, 2024, The Salary Threshold Will Increase To The Equivalent Of An Annual Salary Of $43,888 And Increase To $58,656 On Jan.