New Minimum Salary For Exempt Employees 2024. As a result of the new minimum wage, the state has proposed increasing the minimum salary requirement for the executive and administrative exemptions to $1,200. To be an exempt employee, an employee must meet certain tests regarding their job duties and generally must be paid on a salary basis at least the amount.
For administrative, executive, and professional employees, the minimum salary for exempt status will increase from $684 per week to $844 per week ($43,888. Starting on july 1, 2024, employees must earn at least $844 per week ($43,888 annually) in order to qualify under the flsaโs exemption for executive,.
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