Salary threshold implementation schedule
Salary threshold implementation scheduleSalary thresholds for overtime exempt workers are a multiplier of state minimum wage for a 40-hour workweek2022 Salary thresholds Small businesses: $1, ($52, ) Large businesses: $1, ($52, )When the rule takes effectJuly 1, 2020Jan. 1, 2021Jan. 1, 2022Jan. 1, 2023Jan. 1, 2024Jan. 1, 2025Jan. 1, 2026Jan. 1, 2027Jan. 1, 2028For employers with 1-50 employeesMultiply minimum wage by ... Salary thresholdWeekly (Annual)$675 ($35,100)$ 0 ($ 42,712)$1, 0 ($52,74 )$1,0 41* ($ 5 4,13 2)$1, 210 * ($62,920)$1, 2 3 3 * ($ 6 4,116)$1, 414* ($73,528)$1,443* ($75,036)$1,6 35* ($85,020)For employers with 51 or more employeesMultiply minimum wage by ... Salary thresholdWeekly (Annual)$675 ($35,100)$ ($ 4 9, 8 31)$1, 0 ($52,74 )$1,18 9 * ($61,828)$1, 210 * ($62,920)$1, 3 87* ($ 72 ,124)$1, 414* ($73,528)$1,6 0 3 * ($83,356)$1,6 35* ($85,020)Note 1: Salary thresholds after 2022 are projections based on forecasted changes in the Consumer Price Index.
Salary thresholds for overtime exempt workers are a multiplier of state minimum wage for a 40-hour workweek 2022 Salary thresholds Small businesses: $1,014.30/week ($52,743.60/year) Large businesses: $1,014.30/week ($52,743.60/year) 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
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