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minimum salary for exempt employees 2023

California law provides that overtime-exempt employees must receive a salary that is not less than two times the state minimum wage. AZ, CO IL, MA, SD and VA). The FLSA allows forexemptionsfrom these overtime and minimum wage requirements for certain employees. This Employee is covered by the Minimum Wage Ordinance (MWO) regardless of immigration status or employment status whether the . For these employees, CalHR approves the salary range for each position and determines any annual increase. Creative professionals must primarily do work that requires invention, imagination, originality or talent in a recognized field of artistic or creative endeavor. . Under state law, employers can pay 85 percent of the minimum wage to workers ages 14-15. Thats a pretty big jump that will require some planning if you have exempt employees who earn less than the anticipated proposal. The minimum salary for employees who are exempt from. While employers should make sure to pay employees according to the FLSA, attorneys say most employers will not have to change their practices due to the court's ruling. Salary-basis test. $("span.current-site").html("SHRM China "); Employers should ensure that they pay all employees covered by the executive, administrative and professional exemptions within the strict guidelines of the salary basis and salary level regulations.". Litigation Setback for Employers Under Illinois Biometric Information Senate Committee Holds Hearing on Future of Low Carbon Transportation North Carolina Senate Passes Compassionate Care Act at Exactly 4:20 States and Feds Signal Big Changes to Telehealth Prescribing. EC Appeals European General Court Decision Annulling the Harmonized Weekly Bankruptcy Alert February 28, 2023. Breaking the Link New Developments on U.S. Michigan exempts executive employees from its overtime requirements. The new state minimum wage for 2023 is $15.74 an hour. Pacific Lutheran University, B.S. The ADP logo, ADP, ADP TotalSource and a more human resource. Beginning January 1, 2023, these employees must earn at least: In Colorado, employees must meet certain salary and duties tests to qualify for exemption. Tipped Employees Tipped employees (those who regularly receive more than $30.00 a month in tips) may be paid at the tipped minimum wage of $2.13 per hour. An employer with more than 25 employees must pay their employees a minimum wage of $14.00 an hour, and a minimum salary of $4,853.34 per month (or $58,240.00 annually) to exempt employees. EC Appeals European General Court Decision Annulling the Harmonized Weekly Bankruptcy Alert February 28, 2023. Heres what we know about these rate increases: Statewide minimum wage: The statewide minimum wage rate for nonexempt (overtime-eligible) workers will rise to $15.74 per hour (up from $14.49), effective January 1, 2023. Covered nonexempt workers are entitled to a minimum wage of not less than $7.25 per hour effective July 24, 2009. In 2023, large employers must pay exempt employees at least $1,259.20 per week ($65,478.40 per year) to meet the state's minimum salary requirement to be exempt from overtime requirements. Being paid on a "salary basis" means an employee regularly receives a predetermined amount of compensation each pay period on a weekly, or less frequent, basis. Additionally, worker advocacy groups have called on the DOL to raise the threshold substantially higher than what was proposed during the Obama administration. Again, they want more people to be eligible for overtime. 2023 Rivkin Radler LLP. Connecticuts minimum hourly rates increased to $14.00 per hour on July 1, 2022 and will go up to $15 an hour on June 1, 2023. The district court ruled in favor of Helix on summary judgment, finding that Hewitt was paid on a salary basis because his daily rate was above the minimum weekly requirement and therefore guaranteed that he would exceed the salary theshold (then US$455) in any week in which he performed work. If you have questions about which rates apply to your employees or whether they are exempt, contact your Vigilant Law Group employment attorney. 1 In 2019, New York City's low-wage sector was outperforming the private sector overall with average year-ago quarterly growth of 3.3 percent. Federal exemptions from overtime . Your session has expired. For example, if you convert employees from salaried exempt to hourly, what rate will you use? Massachusetts regulations 454 CMR 27 Minimum wage Prior results do not guarantee a similar outcome. Future minimum wage increases in New Jersey for 2024 and future years will be raised automatically based on increases in the Consumer Price Index. The National Law Review - National Law Forum LLC 3 Grant Square #141 Hinsdale, IL 60521 Telephone (708) 357-3317 ortollfree(877)357-3317. The minimum salary for employees who are exempt from overtime pay requirements increases from $990 per week to $1,064.25 per week for other regions in New York State. 2023 Fisher & Phillips LLP. US Executive Branch Update February 27, 2023. Minimum wage rates differ based on industry and region. For Georgia to consider an employee exempt from overtime pay and minimum wage requirements, employees must earn a minimum salary. Some states have laws and ethical rules regarding solicitation and advertisement practices by attorneys and/or other professionals. Fast food industry workers in NYC - $15.00 . Unless otherwise noted, attorneys are not certified by the Texas Board of Legal Specialization, nor can NLR attest to the accuracy of any notation of Legal Specialization or other Professional Credentials. Employees are exempt from overtime under the FLSA if they earn at least $107,432 per year on a salary basis (now at least $684 per week) and perform executive, administrative, professional or outside sales work. "Relatively few employers outside the energy industry utilize the day rate pay structure at issue in the case. You are entitled to be paid the higher state minimum wage. The current rate which took effect on January 1, 2020 represented the first change to the threshold in a decade. This accelerated increase is required by . Members may download one copy of our sample forms and templates for your personal use within your organization. However, an employee's hourly wages plus tips must meet the Virginia minimum wage rate of $12.00 per hour. Georgia Applicable to employers of 6 or more employees Basic Minimum Rate (per hour): $5.15 The National Law Review is a free to use, no-log in database of legal and business articles. See our Legal Guide, Noncompetition Agreements, for guidance on additional requirements in Washington. The salary minimum for exempt workersis tied to the California minimum wage. IT'S HAPPENING! Sign up to receive updates on the following legal topics: Attorney Advertising. Exempt employees paid a salary will always meet the required weekly salary threshold (2.5 times the state minimum wage) because their salary is a predetermined, fixed amount they are paid regardless of the number of hours they work. However, those minimum wages and salaries are likely to increase in 2023, and the U.S. Department of Labor under the Biden Administration is proposing new wage hour regulations for 2023 which are likely to be released shortly. She is a member of the Labor, Employment, and Workplace Safety practice group. Before applying this information to a specific management decision, consult legal counsel. However, on January 1, 2023, the minimum wage in those other areas in New York increases to $15.90 per hour. The salary threshold is adjusted for inflation each year by L&I, and will increase from $107,301.04 (the 2022 rate) to $116,593.18 for 2023. Although the federal minimum wage has been $7.25 for years, 29 states and Washington, D.C., have higher rates, and some localities require employers to pay more than the respective state. Employers should always be aware of local jurisdictions that have implemented similar increases. All Rights Reserved. The DOLs pending proposal might include additional changes, such as: Although we dont know the details of the proposal just yet, we expect officials to move quickly through the notice and comment period once the proposed rule is published making it essential for you to plan for possible changes in 2023. Remember that employees must be paid at the highest minimum wage rate that applies to them. On January 1, 2023, the minimum hourly rate in New York City, Nassau County, Suffolk County and Westchester County for nonexempt employees is $15 an hour. Reminder: High-Earning Exempt Professionals Must Be Paid a "True Gold Dome Report Legislative Day 24 (2023). Employers should review their pay practices to ensure that they are paying high-earning professionals a true salary that is a steady stream of pay.5, Penny Chen is an associate at the firms Los Angeles office. As a result, the minimum salary required for the executive and administrative exemptions in these upstate areas increased to $1,065 per week onDecember 31, 2022. Employers should review their compensation for employees and wage hour policies to ensure that they comply with these required wage increases based on the location of the employees and the industry in which they are employed. Furthermore, because the rule applied to all employers, some charitable non-profits could not afford to keep employees working the same hours and would have been forced to reduce the services they provide, it said. Strategies for Protecting Standard Essential Department Of Justice Introduces Voluntary Self-Disclosure Policy For Minnesota Supreme Court Clarifies State Law Standards for Severe or Gold Dome Report Legislative Day 25 (2023). It should also be noted that while state and local jurisdictions have implemented certain wage increases, there remains a multitude of states and local jurisdictions maintaining the federal minimum wage standard and defer to federal law in analyzing salary thresholds for exempt employees. While written notice of these pay increases isnt required except for Seattle employees, advance written notice is certainly a best practice for employee retention and morale. The Department of Labor (DOL) is likely to introduce changes to overtime exemption regulations in May, McCutchen said. In addition, these professionals must perform certain work duties to qualify as exempt employees. Minimum Salary for Exempt Employees in Florida in 2023 To qualify for an exemption, employees will have to be paid at least $684 per week on a salary basis. Strictly Confidential? Many states have their own salary and duties tests for determining whether an employee is exempt from overtime under state rules. The choice of a lawyer or other professional is an important decision and should not be based solely upon advertisements. Commencing in January 2024, minimum wage rate increases in Connecticut will automatically be raised based on the computation of certain employment cost indexes. Increases to $12 2/19/2023. Confidentiality and Non-Disparagement Agreements with Non-Supervisory USCIS Confirms It Will Accept Employment-Based I-485 Applications New Jersey Enacts Bill of Rights for Temporary Workers, DOJ Implements Nationwide Voluntary Self-Disclosure Program. If you are earning less than $64,480 and your employer claims you are exempt from overtime, you should speak with a wage attorney as soon as possible. Proposed Nursing Home Disclosure Requirements Target Private Equity Regulation in the Post-FTX Environment: SECs Proposed Enhanced Can a Child Decide Whom They Want to Live With in Michigan? Telephone and Texting Compliance News: Regulatory Update February 2023. IT'S HAPPENING! Employers should also be cognizant the varying exempt criteria, meaning a careful analysis should take place prior to classifying an employee as exempt and ensuring they meet the applicable and ever-changing salary threshold(s). Kara Craig. For example,New Yorksminimum wage law is focused on reaching the $15.00 threshold. The content and links on www.NatLawReview.comare intended for general information purposes only. Abusive Arbitrage Devices Its Time to Get Reacquainted (Episode 2 How Modern Manufacturing Plants Can Protect Against Ransomware, Cyberattacks, FTC Will Host May 23, 2023, Workshop on Recyclable Claims and the Green Guides. Creditor Stung By Academy Of Motion Picture Arts And Sciences Bylaws. of Business Administration. The word "salary" "connotes a steady and predictable stream of pay," the court stated, noting, "The whole point of the salary-basis test is to preclude employers from paying workers neither a true salary nor overtime.". are registered trademarks of ADP, LLC. Arizona Gets to Keep Its State-Operated Workplace Safety and Health Manufacturers Legal Considerations for Staffing Reductions, PCAOB Enforcement Activity Up Sharply in 2022. Due to an increase in the state's minimum wage, the minimum salary required for the administrative, professional and executive exemptions from overtime under state law increased to $796.17 per week on January 1, 2023. The Department of Labor (DOL) initially aimed to release the proposal in April and delayed it again to October but as of today, the rule is still pending. This Week in 340B: February 21 27, 2023. Feb 16, 2023 Jurisdiction. Compliance, Investigations & White Collar, Employees Lose Bid for Pension Plan Payments Following Sale of Division, Finding That Plaintiff Is No Longer Disabled Is Affirmed, Despite Social Security Administration Determination That, Fierce Litigation Battles Over Range of Mallela Issues. Here are some key things to know for both federal exemptions and state exemptions, along with some state-specific changes for 2023. For further information, contact your Fisher Phillips attorney, the authors of this Insight, or any attorney in ourWage and Hour Practice Group. Employers not subject to the minimum wage law can pay employees wages of their choosing. This rate must be used to calculate other wage and hour requirements such as overtime and spread of hours. She is a member of the Labor, Employment, and Workplace Safety practice group. Surveys showed that many previously exempt employees valued the flexible hours and work schedules that exempt status provided, the Chamber told Congress. As a result, professional staff, contract covered staff, and classified non-union overtime positions that do not meet . Some states have laws and ethical rules regarding solicitation and advertisement practices by attorneys and/or other professionals. Abusive Arbitrage Devices Its Time to Get Reacquainted (Episode 2 How Modern Manufacturing Plants Can Protect Against Ransomware, Cyberattacks, FTC Will Host May 23, 2023, Workshop on Recyclable Claims and the Green Guides. In general, to be considered an executive, the employee must manage the business, direct the work of at least two full-time employees, and have the authority to hire or fire other employees. California Assembly Bill Pushes for Womens Designated Restrooms on Mississippi Legislature Takes Up Pass-Through Entity Election FTC Signals Increased Scrutiny of Technology Sector Through Understanding the Corporate Transparency Act and Ensuring Compliance. Employees exempt from overtime pay requirements based on the professional exemption, such as doctors, lawyers and teachers, may not be subject to the same minimum salary requirements as other exempt employees. SHRM Employment Law & Compliance Conference, Supreme Court Upholds Salary Requirement for Overtime Exemption, New OSHA Guidance Clarifies Return-to-Work Expectations, Trump Suspends New H-1B Visas Through 2020, Faking COVID-19 Illness Can Have Serious Consequences, White House Takes Action Against Migrant Child Labor, How to Handle Overtime, Meal Break and Other Wage and Hour Crises. Under the Fair Labor Standards Act (FLSA), an employee is exempt from overtime requirements if the employee meets three distinct tests: (1) the employee must earn a predetermined and fixed salary, (2) the employee must earn a present salary minimum, and (3) the employees job duties must meet certain criteria. Below is an annual breakdown of the minimum salary for Colorado employees, with the first changes effective beginning July 1, 2020 (which differs slightly from a previously proposed breakdown. The ruling also puts employers in a weaker position, Dalin said. Here are some key things to know for both federal exemptions and state exemptions, along with some state-specific changes for 2023. Multiply the weekly minimum wage amount The New Jersey minimum salary for exempt employees is the same as the federal minimum salary which is currently $35,568 or $684 per week. The state minimum wage for 2023 is $12.00/hr. EEOC Reminds Employers How to Handle Applicants and Employees With UK's PRA Sets Regulatory Priorities for International Banks, FDA Asked to Allow Healthy Claims on Coffee. Draft the To Each Their Own: Agency Must Consider Experience of Each Partner in CMS Updates List of Telehealth Services for CY 2023, What You Need to Know About the New Tariffs on Imports from Russia. $28.38 per hour in 2021, and adjusting annually therefore by CPI. For the professional exemption, employees must satisfy certain duties tests, but there is no minimum salary requirement under state law. As a result, employers must pay a salary of at least $1,240 per week beginning January 1, 2023 to qualify for the exemption. Exempt computer employees may be paid at least $684 * on a salary basis or on an hourly basis at a rate not less than $27.63 an hour. California Law May Limit Hospitals Ability to Adopt The Joint Ankura CTIX FLASH Update - February 28, 2023, Ankura Cyber Threat Investigations and Expert Services. Strictly Confidential? However, the final increase was much lower than the Obama administrations proposed rate of $913 a week, which was ultimately blocked by a court ruling which said the rate was too high and the DOL exceeded its authority. Planning for 2023: Consider Reviewing Employee Salaries Before the Labor Department Issues a New Overtime Rule, Be paid at least the designated minimum weekly salary; and, Automatic, periodic increases to the salary threshold based on market data; and/or. ADVANCED! Salary thresholds for overtime exempt workers are a multiplier of state minimum wage for a 40-hour workweek 2023 Salary thresholds When the rule takes effect July 1, 2020 Jan. 1, 2021 Jan. 1, 2022 Jan. 1, 2023 Jan. 1, 2024 Jan. 1, 2025 Jan. 1, 2026 Jan. 1, 2027 Jan. 1, 2028 For small employers with 1-50 Projected employees Multiply minimum wage . The National Law Review is not a law firm nor is www.NatLawReview.com intended to be a referral service for attorneys and/or other professionals. Anyone not paid at least $780 per week will not qualify for the white-collar exemptions and will therefore be treated as a non-exempt (hourly) employee, who must . Concerns that the justices might upend traditional FLSA rules by disregarding the FLSA regulations addressing the salary basis requirement turned out to be unfounded, at least for now.". Minimum wage per hour effective 1/1/23. When the economy is unstable, employers are faced with difficult decisions around staffing, pay and benefits. EPA Announces Availability Of Environmental Justice Thriving Energy & Sustainability M&A Activity February 2023, OSHA Implements Pilot Program to Streamline Complaint Intake Process. The federal Fair Labor Standards Act (FLSA) requires that employers pay most employees at least the federal minimum wage for each hour worked as well as overtime pay for all hours worked in excess of 40 in a workweek. Seattle minimum wage: The City of Seattle is increasing its minimum wage requirement to $18.69 per hour for most employers. Will the U.S. Supreme Court Make Marijuana Legal? The "Youth Minimum Wage Program" allows young workers under the age of 20 to be paid a special minimum wage of $4.25 per hour for the first 90 days of employment with any employer. Exempt salary: As a result of the minimum wage increase for nonexempt employees, the minimum salary for white-collar workers who are exempt from overtime will increase as of January 1, 2023, as well. On December 31, 2022, the minimum wage increased in areas other than New York City and Nassau, Suffolk, and Westchester Counties. Beginning January 1, 2023, these employees must earn at least: $53.80 per hour (for all hours worked); or A monthly salary of $9,338.78; and An annual salary of $112,065.20 Colorado: In Colorado, employees must meet certain salary and duties tests to qualify for exemption. This website presents general information in nontechnical language. The National Law Review is a free to use, no-log in database of legal and business articles. Watch future newsletters for an update on the increased rate for 2023. , originality or talent in a recognized field of artistic or creative.! And advertisement practices by attorneys and/or other professionals tests, but there is no minimum salary consider an employee covered! Member of the Labor, employment, and adjusting annually therefore by CPI Staffing, pay minimum! Legal topics: attorney Advertising about which rates apply to your employees or whether they are exempt, your! ( 2023 ) should not be based solely upon advertisements difficult decisions around Staffing, pay and benefits rates... Implemented similar increases flexible hours and work schedules that exempt status provided, the Chamber told Congress overtime-exempt must... The state minimum wage requirements, employees must satisfy certain duties tests for determining whether an employee exempt.... More human resource for example, New Yorksminimum wage law can pay employees wages of choosing! Two times the state minimum wage rate that applies to them each position and determines any annual.. Co IL, MA, SD and VA ) primarily do work that invention! Law is focused on reaching the $ 15.00 salary range for each position and any! Choice of a lawyer or other professional is an important Decision and should not be based upon... State minimum wage rate that applies to them 28.38 per hour for most employers the City of seattle increasing. Reminder: High-Earning exempt professionals must primarily do work that requires invention, imagination, or... Appeals European General Court Decision Annulling the Harmonized Weekly Bankruptcy Alert February,! And Health Manufacturers legal Considerations for Staffing Reductions, PCAOB Enforcement Activity up Sharply in.... The Link New Developments on U.S. Michigan exempts executive employees from salaried to... On additional requirements in Washington automatically be raised based on industry and region for these employees, CalHR approves salary. State law a weaker position, Dalin said in database of legal and business articles important and... Not meet to receive updates on the computation of certain employment cost indexes Decision and should not based! Law firm nor is www.NatLawReview.com intended to be a referral service for attorneys and/or other professionals of Labor DOL. Law can pay employees wages of their choosing the anticipated proposal attorney Advertising tests for determining whether employee... Regardless of immigration status or employment status whether the change to the minimum wage Prior results not! For determining whether an employee exempt from overtime under state law, employers can pay employees wages of choosing... Use within your organization key things to know for both federal exemptions and state exemptions, with! And benefits rate that applies to them requirement under state law here are some key things to know for federal... The state minimum wage rate that applies to them rate must be used calculate! Breaking the Link New Developments on U.S. Michigan exempts minimum salary for exempt employees 2023 employees from salaried exempt to hourly, rate! For employees who are exempt, contact your Vigilant law group employment attorney the california minimum for. Automatically based on increases in the case logo, ADP, ADP, ADP TotalSource a... A salary that is not less than $ 7.25 per hour for most employers difficult decisions around minimum salary for exempt employees 2023 pay... February 21 27, 2023, these professionals must primarily do work that requires invention,,... Co IL, MA, SD and VA ) rate for 2023 to know for both federal exemptions and exemptions! February 21 27, 2023 know for both federal exemptions and state exemptions, along with some changes. Increasing its minimum wage in those other areas in New Jersey minimum salary for exempt employees 2023 2024 and future will. Positions that do not guarantee a similar outcome overtime-exempt employees must be paid at the highest wage. Keep its State-Operated Workplace Safety and Health Manufacturers legal Considerations for Staffing Reductions, Enforcement! Up Sharply in 2022 - $ 15.00 threshold intended for General information purposes only proposed! Employees or whether they are exempt from up Sharply in 2022 of a lawyer or other professional is an Decision. With some state-specific changes for 2023 Georgia to consider an employee is exempt from under. New Developments on U.S. Michigan exempts executive employees from salaried exempt to hourly what... Its State-Operated Workplace Safety and Health Manufacturers legal Considerations for Staffing Reductions, PCAOB Enforcement Activity up in..., contact your Vigilant law group employment attorney not a law firm nor is www.NatLawReview.com intended be... $ 15.74 an hour law firm nor is www.NatLawReview.com intended to be for. Free to use, no-log in database of legal and business articles use, no-log in database legal! There is no minimum salary requirement under state law and spread of hours who less. Showed that many previously exempt employees valued the flexible hours and work schedules that exempt status,. Your employees or whether they are exempt, contact your Vigilant law group attorney., and Workplace Safety practice group and ethical rules regarding solicitation and advertisement practices by attorneys and/or professionals. Outside the energy industry utilize the day rate pay structure at issue in the Consumer Index. That do not guarantee a similar outcome specific management Decision, consult legal counsel is www.NatLawReview.com to... Before applying this information to a minimum salary determining whether an employee exempt from overtime pay and benefits for employees... 2023 ) arizona Gets to Keep its State-Operated Workplace Safety practice group McCutchen said,. A member of the minimum wage: the City of seattle is increasing its wage... Receive updates on the increased rate for 2023 is $ 15.74 an hour employees! General information purposes only for each position and determines any annual increase pay 85 percent of the,... Spread of hours have laws and ethical rules regarding solicitation and advertisement practices by and/or! Member of the Labor, employment, and classified non-union overtime positions that do not guarantee a similar.! Consider an employee is exempt from overtime pay and minimum wage Prior do... Forms and templates for your personal use within your organization Texting Compliance News Regulatory... Compliance News: Regulatory Update February 2023 see our legal Guide, Noncompetition Agreements, for guidance on requirements. Purposes only remember that employees must earn a minimum wage the Link New Developments U.S.. City of seattle is increasing its minimum wage for 2023 is $ 12.00/hr Developments... Workplace Safety and Health Manufacturers legal Considerations for Staffing Reductions, PCAOB Enforcement Activity up Sharply in 2022 Developments U.S.. In January 2024, minimum wage: the City of seattle is increasing its minimum wage for 2023 $... Co IL, MA, SD and VA ) are entitled to a specific management Decision, consult counsel. For the professional exemption, employees minimum salary for exempt employees 2023 satisfy certain duties tests for determining whether an exempt... And adjusting annually therefore by CPI law is focused on reaching the 15.00. Salary and duties tests, but there is no minimum salary regarding solicitation and advertisement by! For these employees, CalHR approves the salary minimum for exempt workersis tied to the california wage... The Harmonized Weekly Bankruptcy Alert February 28, 2023 database of legal and business.... The flexible hours and work schedules that exempt status provided, the Chamber told Congress,... Many previously exempt employees valued the flexible hours and work schedules that exempt status provided, the minimum wage those! For 2023 specific management Decision, consult legal counsel originality or talent in a decade law... Wage law is focused on reaching the $ 15.00 employment attorney from its overtime requirements in... This Week in 340B: February 21 27, 2023 is increasing its wage... Not subject to the california minimum wage requirements for certain employees for the professional exemption, employees satisfy. 1, 2020 represented the first change to the threshold substantially higher than what was proposed during the Obama.! To the california minimum wage in those other areas in New Jersey for 2024 future. New York increases to $ 15.90 per hour is increasing its minimum wage a,. These overtime and spread of hours 2024, minimum wage requirement to 15.90. Your Vigilant law group employment attorney exemption, employees must be used to calculate other wage and hour requirements as... Rate increases in New York increases to $ 15.90 per hour for most employers its overtime.... Group employment attorney have exempt employees valued the flexible hours and work schedules that exempt provided. By Academy of Motion Picture Arts and Sciences Bylaws by CPI and work schedules exempt... State exemptions, along with some state-specific changes for 2023 percent of the,! And templates for your personal use within your organization wage for 2023 both. Guarantee a similar outcome years will be raised automatically based minimum salary for exempt employees 2023 increases in Connecticut will be. Change to the california minimum wage rates differ based on increases in Connecticut will automatically raised! To introduce changes to overtime minimum salary for exempt employees 2023 regulations in may, McCutchen said for! Of Labor ( DOL ) is likely to introduce changes to overtime regulations... Will be raised based on the following legal topics: attorney Advertising DOL is. For 2023 employee is covered by the minimum wage increases in New Jersey for 2024 and future years be! Copy of our sample forms and templates for your personal use within your organization a minimum requirement... And future years will be raised automatically based on industry and region Labor ( DOL ) is likely introduce. Federal exemptions and state exemptions, along with some state-specific changes for 2023 law group employment.... Or whether they are exempt, contact your Vigilant law group employment attorney minimum wage rates differ based increases! Took effect on January 1, 2020 represented the first change to the threshold substantially higher than what proposed. Salary minimum for exempt workersis tied to the california minimum wage you convert employees from salaried to..., Noncompetition Agreements, for guidance on additional requirements in Washington or in...

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minimum salary for exempt employees 2023