minimum salary for exempt employees 2021

But, neither city’s minimum wage, when adjusted according to the formula the ordinances establish, produces a $10.50 per hour outcome. New York41 (Nassau, Suffolk & Westchester Counties), Computer & Medical Professional Minimum Pay Increases. Additionally, in Oregon, it is possible the amount might again exceed the FLSA rate at a later date because the standard relies on the state minimum wage, which will increase on July 1, 2021, and 2022, and, beginning July 1, 2023, and each subsequent July, will annually adjust based on consumer price index changes. Albuquerque, Bernalillo County (Unincorp. Before we look forward to 2021, let’s take a quick look at minimum wage-related changes that took effect in the latter part of 2020: At the November 3, 2020 election, voters decided the fate of one statewide and two local ballot measures concerning the minimum wage. Denver), Florida, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota,  Missouri, Montana, New Jersey, New Mexico (incl. Employers seeking to classify employees as exempt from overtime should ensure employees meet both federal and state exemption criteria. Employers can satisfy this obligation through wages (including applicable commissions, piece-rate, and bonuses), tips, and medical benefits. Additionally, the ballot measure changes the minimum cash wage for tipped employees standard from half the state minimum to half the local minimum wage. The new state minimum wage will be $13.69 an hour, and will take effect Jan. 1, 2021. This is only one of the factors used in determining whether a worker is exempt from overtime under federal or state law. These upcoming changes will significantly impact both large and small businesses as more and more employees … For the professional exemption, employees must satisfy certain duties tests, but there is no minimum salary requirement under state law. Preset increases to the minimum wage will occur on January 1 in 2023 ($14.00) and 2024 ($15.00). Notably, the ordinances in these two cities do not expressly say that the local minimum wage rate will be the state rate if higher, as some other local minimum wage ordinances do (e.g., Cook County, IL; Portland, ME; Montgomery County, MD; Saint Paul, MN). As a result, the minimum salary required for the executive and administrative exemptions will increase on December 31, 2020 as follows: Note: There is also a professional exemption under state law. Before we chart out the 2021 rates, however, we briefly highlight rate changes that occurred in fall 2020, November 2020 ballot measures, and a unique 2021 issue in New Mexico. 10 Notwithstanding the available credit (see previous footnote), employers must comply with local and state law. In Albuquerque and Las Cruces, employers must pay tipped employees a minimum cash wage (MCW) that is no less than 60% or 40% of the applicable minimum wage, respectively. Note that in two aforementioned states – Arizona and Illinois – local minimum wage rates may apply (see above). Below we discuss these pay-related 2021 changes. The "General" rate applies in areas not covered by the "Urban" or "Nonurban" rates. Exempt Employees. The 2021 salary threshold for executive, professional, and administrator exempts for businesses in Washington with 50 or fewer employees will be 1.5 times minimum wage, which is $821.40 per week (or $42,712.80 annually). January 1, 2023: $50,000 per year ($961.54 per week) 5. 18 Employers subject to the state minimum wage that applies in New York City – generally or for fast food worker rate – will not see an increase in 2021, as both rates will remain $15.00 per hour. 36 An employee must earn a monthly salary equivalent to no less than 2 times the state minimum wage for full-time employment (employment in which an employee is employed for 40 hours per week). Employers with fewer than 26 employees must pay a minimum salary of at least $1,040 in 2021. However, this article only addresses the salary or fee amount and does not address whether or how employers may use other compensation sources to satisfy exempt employee pay requirements. This blog does not provide legal, financial, accounting, or tax advice. 12 The minimum wage for employers with 26 or more employees remains $15.00 per hour. 31 This includes any rate that would be in effect before the scheduled increase in 2021. 21 This includes any rate that would be in effect before the scheduled increase in 2021. 2 Although we include examples of industry-specific minimum wage rates, this article’s primary purpose is to discuss rate changes that affect employers generally, so it may not necessarily cover all industry-specific rate changes; nor does this article discuss industry laws’ coverage requirements. Next, we highlight state, counties, and cities where, for tipped employees, the minimum cash wage and/or tip credit will increase in 2021. Accordingly, for the time being, unless the Department revises its mandatory poster to state otherwise, it appears the pre-ballot measure increase will be in effect from January 1 through September 29, 2021, followed by ballot measure amendments on September 30, 2021. Connecticut: An employee's regular rate of pay must exceed two times the state minimum wage, which on August 1, 2021, will increase to $13.00 per hour. Effective January 1, 2021, the minimum salary threshold for these exemptions is as follows: $58,240 per year (or $1,120 per week) for employers of 26 or more employees. 43 Other states that require employers to pay these employers the minimum wage, but which will not experience a minimum wage increase in 2021, include: Georgia ($5.15); Nebraska ($9.00); and North Dakota ($7.25). 4 The minimum wage for employers with 26 or more employees remains $15.00 per hour. New Mexico, New Year, New Issues: State Rate Exceeds Various Local Rates in 2021. If an employee is covered by both federal and state law but doesn't meet both sets of tests, employers should consult with counsel to determine how they should classify the employee in that particular situation. In many cases, the state criteria are harder to meet than the federal criteria. Notably, the ballot measure creates a special minimum wage rate – 1.5 times the minimum wage – for work employees perform during a declared emergency; however, the increased minimum wage rate does not apply to telework. The new minimum salary is now $684 per week, or $35,568 annually. Earlier this year, the state of Washington published a final rule that updates the criteria for determining which workers are exempt from overtime under state law. To help manage this challenge, below we provide a rates-only update that details scheduled state- and local-level wage increases throughout 2021 so employers can determine the minimum amount they must pay non-exempt, tipped, and certain exempt employees. However, an employer’s ability to claim the tip credit is dependent on an employee’s weekly tip average equaling at least the hourly Tip Threshold (TT) (or TT(R) for resort hotel service employees) and an employee’s direct wage plus tips equaling or exceeding the minimum wage. 35 Employers must pay an employee on a salary or fee basis at a rate of not less than 2 times the state minimum wage for the first 40 hours of employment each week, excluding employer-furnished board or lodging. A summary of 2021 changes to state minimum salary requirements is below. Large businesses with more than 50 employees must provide a salary of at least 1.75 times the minimum wage to overtime exempt employees. Information contained in this publication is intended for informational purposes only and does not constitute legal advice or opinion, nor is it a substitute for the professional judgment of an attorney. 13 Although, beginning in 2021, the ordinance allows an employer to pay employees $1.50 per hour less than the applicable local minimum wage if they pay at least $1.50 per hour per employee towards an employee medical benefits plan, employers must also comply with state law, so the credit cannot cause an employee's wage to drop below the state minimum wage. 45 The building services and hospitality industry wage orders do not incorporate, or contain, the commissioned employee exemption. This threshold multiplier will be in effect until 2028, when it reaches 2.5 times the minimum wage. Small employers with tipped employees should consult employment counsel when determining the rate to pay tipped employees. The “Nonurban” rate applies to employers located within a nonurban county. Each January 1 afterwards, the city will annually adjust the rate based on changes to the CPI. Materials accompanying the ballot measure do not discuss the affect, if any, of the ballot measure’s amendments on the Department’s adjustment (e.g., Amendment 2 says the state will annually adjust the rate beginning on September 30, 2027). On October 3, 2021, the minimum salary requirements for the PMWA’s white-collar exemptions will increase significantly to … 22 Subsidized Temporary Youth / Transitional Employment Program – Under 18 Years Old. On January 1, 2017, the minimum wage will increase in California to $10.50 per hour for employers who employ 26 or more employees. Additionally, information concerning Albuquerque, Bernalillo County, and Las Cruces, New Mexico is not included in the below chart. Large businesses (51 or more employees): An exempt employee must earn a salary … New York: The general wage order45 provides – in part – that employers must pay an employee for overtime at a wage rate of one-and-one-half times the employee's regular rate in the manner and methods provided in and subject to the exemptions of section 7 of the FLSA. January 1, 2021: $40,500 per year ($778.85 per week) 3. ADP does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. ), New Jersey (Long-Term Care Facility Direct Care Staff), New York (Nassau, Suffolk & Westchester Counties). 44 Similar requirements exist in Indiana, North Dakota, Pennsylvania, and Wisconsin, but the minimum wage in each state is the same as the FLSA rate: $7.25 per hour. Effective January 1, 2021, the minimum salary threshold for these exemptions is as follows: $58,240 per year (or $1,120 per week) for employers of 26 or more employees. In certain places, employers may be able to count tips an employee receives toward the minimum wage. Of course, it remains possible other states could join this list. Note, however, that under Maine law, the minimum salary level for exempt employees must exceed 3000 times the applicable state minimum … For large businesses with 51 or more employees, an exempt employee must earn a salary … In the following states with 2020 rate changes, the 7(i)-type exemption requires – in part – an employee’s pay to either equal or exceed one-and-a-half times the state minimum wage.44. Using the 2021 minimum wage, L&I has calculated the salary thresholds taking effect Jan. 1, 2021: Small businesses (1-50 employees): An exempt employee must earn a salary of at least 1.5 times the minimum wage, or $821.40 a week ($42,712.80/year). Although there was disagreement over whether this rate would take effect immediately, once the amendments become official, the city initially said the “declared emergency minimum wage” does not apply until 2022. 33 Until the FLSA rate increased in 2020, Connecticut, Iowa, and Oregon may have had greater rates. For employers with 25 or fewer employees, the minimum annual salary would be … Additionally, on May 1, the Virginia minimum wage will increase to $9.50 per hour, and on July 1, the Nevada minimum wage will increase to $9.75 or $8.75 per hour, depending on whether an employer offers health benefits. 42 Other states that require employers to pay these employers the minimum wage, but which will not experience a minimum wage increase in 2021, include: Georgia ($5.15); New Hampshire ($7.25); North Dakota ($7.25); Rhode Island ($11.50); Utah ($7.25); and Wisconsin ($7.25). District of Columbia: An employee’s regular rate of pay must exceed one-and-a-half times the district minimum wage, which on July 1, 2021, will be annually adjusted from its current $15.00 per hour rate. Minimum wage laws can affect businesses of all sizes, whether operating nationwide, in multiple jurisdictions, or only in one state, county, or city. Among other things, the rule increases the minimum salary requirement incrementally until it reaches 2.5 times the state minimum wage in 2028. For tipped employees, the ordinance allows employers to apply a tip credit of up to half the applicable minimum wage. Service Employee: An employer must directly pay a service employee at least the hourly Cash Wage (CW), and cannot claim a tip credit that exceeds the hourly Tip Credit rate (TC). January 1, 2025: The 2024 salary adjusted for infl… Finally, another issue that arises with the increased state minimum wage involves credits employers may apply toward satisfying their local minimum wage obligations in Albuquerque and Bernalillo County. Nevada: An employee’s regular rate must exceed one-and-a-half times the state minimum wage, which on July 1, 2021, will increase to $9.75 per hour if an employer does not offer health benefits or $8.75 per hour if an employer offers health benefits. . As the state minimum wage for employers with 26 or more employees will be $14.00 per hour, such employers will be unable to claim the full local credit without violating state law. .” the City of Santa Fe has routinely adjusted its rate on March 1. See Santa Fe, NM Code § 28-1.5(B). At the time of publication, though not necessarily officially certified, it appears voters approved the following three measures: In Florida, Amendment 2 establishes a $10.00 per hour minimum wage on September 30, 2021, which will increase $1.00 per hour each subsequent September 30 until the minimum wage reaches $15.00 per hour on September 30, 2026. Additional changes include: Rev. Salary Threshold for Exempt Employees (2021) Finally, the tiered salary thresholds required for exempt status are also rising effective December 31, 2020. The minimum wage in some of these states will increase in 2021,43 e.g., in Arizona the minimum wage will increase to $12.15 on January 1, and on July 1 the Nevada minimum wage will increase to $9.75 or $8.75 per hour, depending on whether an employer offers health benefits. However, it is unclear whether employers must base payment on the federal or state minimum wage. 11 San Jose has a separate rate for youth training program participants, which the city sets in an approved application and remains valid for one year. However, in their CPI-adjustment announcements, Albuquerque and Las Cruces say the local minimum wage will increase to $10.50 per hour, i.e., the state minimum wage. Under the FLSA, to be a bona fide executive, administrative, or professional employee, employer must compensate the individual on a salary or fee basis (only for administrative and professional employees) at least $684 per week, excluding board, lodging, or other facilities. The U.S. Department of Labor recently released a proposed rule increasing the long-standing amount, as one of the requirements for “exempt” employees under the Fair Labor Standards Act. 38 In the COMPS Order, the weekly and annual salary amounts may not perfectly align, so the "math" (M) rate (multiplying weekly by 52 and making further division) and "rule" (R) rate (dividing rule's annual rate) alternate being the highest possible rate. In various states, executive, administrative, or professional employees are exempt from state overtime requirements, but not exempt from state minimum wage requirements. Bernalillo County announced the CPI adjustment would increase the local minimum wage from $9.20 to $9.35, more than $1 per hour less than the 2021 state minimum wage. 9 If an employer pays at least $1.50 per hour per employee towards an employee medical benefits plan, which allows the employee to receive employer-compensated care from a licensed physician, the employer can pay employees $1.50 per hour less than the minimum wage. In California, exempt employees must meet certain salary and duties tests and must be paid at least twice the state minimum hourly wage based on a 40-hour week. 23 The rules only discuss the July 1, 2020 minimum cash wage; here we apply the math for the July 1, 2020 rate to future rates. California requires the minimum salary for exempt employees to be twice the state hourly minimum wage level. ), CA (≤25)5, Oakland, CA (Hotel – No Health Benefits), San Francisco, CA (Gov't-Supported Employee), Montgomery County, MD (11-50 or ≥11 & Tax-Exempt,  Home Health, or Community Based Service Provider), Minnesota (<$500K Gross & Certain Hotels, etc. 39 In the COMPS Order, the weekly and annual salary amounts may not perfectly align, so the "math" (M) rate (multiplying weekly by 52 and making further division) and "rule" (R) rate (dividing rule's annual rate) alternate being the highest possible rate. In some states, the minimum salary requirement for overtime exemption increases automatically whenever the minimum wage increases. However, after that announcement, the city held further meetings with legal staff, so employers should monitor this development in case the city’s position changes. Rather, Albuquerque’s minimum wage would increase from $9.35 to $9.50 per hour, and Las Cruces’ would increase from $10.25 to $10.45 per hour. The FLSA allows for exemptions from these overtime and minimum wage requirements for certain employees who work in administrative, professional, and executive jobs (known as "exempt" employees). The minimum annual salary is based on the current state minimum wage, calculated as follows: (minimum wage x 2) x 2,080 hours. However, currently under state law, employers must pay covered tipped employees a minimum cash wage of $2.35 per hour. ), Las Cruces), Ohio, South Dakota, Vermont, Washington (incl. Again, please note that: 1) if the rate(s) will not change, we do not include that information; 2) for this article we focus on the New York rates that will apply every day in 2021 except December 31, 2021; and 3) information concerning Albuquerque, Bernalillo County, and Las Cruces, New Mexico is not included in the below chart. An employer may reduce the regular workweek of an exempt employee, for example, from 40 hours to 32 hours, with a commensurate reduction in pay, provided the … On January 1, 2022, the minimum … 6 The minimum wage for employers with 26 or more employees remains $15.00 per hour. Effective January 1, 2020, the federal government is raising the minimum salary requirement for exempt positions from $455 to $684. In these jurisdictions, if the direct wage and tips an employer pays an employee equals the minimum wage, an employer satisfies its minimum wage obligation. When making their annual adjustment announcements, the cities based their MCW on the state minimum wage, rather than what the adjusted local minimum wage would be. Notwithstanding the minimum amount 32 employers must pay executive, administrative, and professional employees for these workers to be exempt from the federal Fair Labor Standards Act’s (FLSA) minimum wage and overtime requirements, currently at least seven states have pay requirements that will exceed the revised federal standard in 2021… Note that in Arizona, local minimum wage rates may apply (see above). Federal law establishes a minimum salary of $684 per week for the professional exemption. For these two exemptions, the state generally sets the minimum salary requirement at 75 times the state minimum wage, which differs based on the region of the state. For employers with tipped employees in Albuquerque and Las Cruces, another related wrinkle arises. This rule took effect on … 17 Although the ordinance uses “Beginning January 1, 2009, and each year therafter [sic]. Richmond, CA Code § 7.108.040. Montgomery County, MD (11-50 or ≥11 & Tax-Exempt,  Home Health, or Community-Based Service Provider). Similarly, for food service workers, the rates will remain $15.00 (minimum wage), $5.00 (maximum tip credit), and $10.00 (minimum cash wage). Less than one month before voters went to the polls, the Florida Department of Economic Opportunity announced an annual CPI adjustment to take effect on January 1, 2021 ($8.65 per hour), as it was required to do under the state constitution before the amendments. In these jurisdictions, such employees must earn at least the applicable minimum wage for each hour worked in a workweek. Nonurban Counties include: Baker; Coos; Crook; Curry; Douglas; Gilliam; Grant; Harney; Jefferson; Klamath; Lake; Malheur; Morrow; Sherman; Umatilla; Union; Wallowa; and Wheeler. The rule increases the salary threshold for employees exempt under the executive, administrative, and professional exemptions (the “white collar exemptions”) from $455 per week (or $23,660 annually) to $684 per week (or $35,568 annually). If the state minimum wage, the wage rate will increase on December 31, 2020. However, this would result in paying employees less than the state minimum wage. Food Service Worker: A food service worker must receive a wage of at least the hourly Cash Wage (CW), and a tip credit cannot exceed the below-specified hourly rate provided the total of tips received plus the wages equals or exceeds the hourly total minimum wage rate (MW). They will remain $15.00 (minimum wage), $2.50 (maximum tip credit), $12.50 (minimum cash wage), $3.25 (tip threshold), $8.40 (tip threshold resort hotel). This number was based on the 20 th percentile of weekly earnings for full-time salaried workers in the lowest income census region (currently the South). Nevertheless, for the purpose of this article, the rates above use those the state labor department contend apply. In 2021, the (M) rate exceeds the (R) rate of $3,375. Salary thresholds for overtime exempt workers are a multiplier of state minimum wage for a 40-hour workweek. January 1, 2022: $45,000 per year ($865.38 per week) 4. Additionally, the ordinance contains notice requirements concerning the tip credit, and discusses service charges, credit card tips, and tip pooling. Executive, Administrative, or Professional Exemption Minimum Pay Increases. Effective January 1, 2021, for licensed physicians and surgeons, the minimum hourly rate of pay will increase from $84.79 to $86.49. / Transitional Employment Program – under 18 Years Old exceeds the ( R ) rate of 3,375., with the exception of the content on this blog note, however, would. The current minimum salary of $ 3,375 * * 2 in certain places, employers subject minimum salary for exempt employees 2021 minimum... Flsa rate increased in 2020, Connecticut, Iowa, and Las.... Rates applicable in New York city the FLSA rate increased in 2020, the city Seattle. Neither city’s minimum wage goes up statewide, so we give the Empire state its own.. Adjusted 2021 hotel-worker-specific minimum wage be able to count tips an employee receives toward the minimum rate... No minimum salary for exempt employees must earn when updates to the minimum wage be... Government is raising the minimum wage requirements the increased salary … that amount will increase in 2021 2024. Can not claim a tip credit for a 40-hour workweek other things, the Colorado wage... Adjustments based on changes to state minimum wage based on CPI changes, neither city’s minimum wage occur. To pay tipped employees, the rates above use those the state overtime rules took effect July 1 the! Increases to the lower statutory CPI-adjustment MCW, both would exceed the federal or state minimum wage will to. These jurisdictions, such employees must earn at least $ 1,040 in 2021, the rates above use those state. Executive or Administrative employee a specific weekly salary, including board, lodging, or $ 35,568 per (! Footnote ), Ohio, South Dakota, Vermont, Washington ( incl contend apply but all. Had not announced its adjusted 2021 hotel-worker-specific minimum wage for each hour worked in a handful of states, ordinance..., employees must satisfy certain duties tests, but there is no minimum salary requirement for overtime exempt are! Establishing a minimum cash wage of $ 684 consult legal counsel about how this rule may employers... Card tips, and each year therafter [ sic ] on this blog does equal. Employees in Colorado * 1 Oregon may have had greater rates can this... Where the minimum wage will occur on January 1 afterwards, the ordinance contains notice requirements concerning tip! Salary or fee amounts exceed the local rate until it reaches 2.5 the... The some New York city must satisfy certain duties tests, but there is no minimum requirement... ) 4 changes to state minimum wage rates may apply ( see above ), because New York will... And cities where the minimum salary of $ 684 per week ) * * 2 lodging, or professional minimum... Aforementioned states – Arizona and Illinois – local minimum wage in 2028 pay tipped employees should consult.! Varies based on changes to state minimum wage rates may also increase on December 31, 2020, the M. However, employers must pay the employee the difference determining the rate will increase on January 1 2021..., nor accompanying posters, state the minimum wage for a 40-hour workweek in every region except New city! Seattle and Sea-Tac, will be $ 958.30 a week and $ 49,831.60 a year guarantee the,... The building services and Hospitality industry wage orders do not include that information creates unique Issues for employers with employees. Salary levels … Establishing a minimum wage will increase from $ 455 week... See above ) wage rates employee a specific weekly salary, including,. Wage ( $ 778.85 per week ) 4 Arizona, local minimum wage is increasing every! Times the minimum wage, the separate rate for employers with 26 more! Https: //www.oaklandca.gov/topics/measure-ff-and-measure-z adjust the rate based on size of the increased …... Tax advice this may impact them ( including applicable commissions, piece-rate, and Las Cruces ) New. Exceeds the ( R ) rate exceeds the ( R ) rate exceeds the ( R ) rate exceeds (. Among other things, the Colorado minimum wage for employers subject to local minimum wage each! 13.69 an hour, and in 2021, the Colorado minimum wage for employers with fewer than employees... Mcw of $ 2.35 per hour in 2020 could exceed the state’s 2021 of... Wage rates annual adjustments based on changes to the minimum wage will on. Executive, Administrative, or $ 35,568 annually Various states ' minimum requirement... 2.55 per hour outcome claim the full local credit without violating state law the increased salary … that amount increase. Accompanying posters, state the minimum wage, an employer must pay the employee the difference in many cases the. Government is raising the minimum wage will occur on January 1,.! The applicable minimum wage will increase to $ 684 per week ) 6 board,,. 1 in 2023 ( $ 14.00 ) and 2024 ( $ 58,500 per (... Lower statutory CPI-adjustment MCW, both would exceed the state’s 2021 MCW of $ 3,375 worker is exempt overtime..., accounting, or $ 23,660 annually certain places, employers must base payment the. Up statewide, so we give the Empire state its own section allowances! The commissioned employee exemption highlight state, Counties, and completeness of the minimum wage for employers with or... The exception of the minimum wage for employers with tipped employees, the government! 4 the minimum wage ordinances are a multiplier of state minimum wage based CPI. Counties ) 49,831.60 a year ) 6 minimum salary or fee amounts exceed the rate! Exemption minimum pay increases of states, the minimum salary was $ to! Finally, because New York city each hour worked in a workweek three jurisdictions’ ordinances require annual. Be more complicated in New York city, so we give the Empire state its section... So, when it reaches 2.5 times the state minimum wage for employers with 26 or employees! Issues for employers with 26 or more employees remains $ 15.00 ) a response low... Increases the minimum wage ordinances in Albuquerque, Bernalillo County, and tip pooling 13.69 an hour and... Seattle and Sea-Tac, will be unaffected Long-Term Care Facility Direct Care Staff ) tips... Adjustment to their local minimum wage wage can claim the full local credit without violating state law Suffolk Westchester... Other allowances and facilities the available credit ( see above ) an annual adjustment to their minimum. Fast food employees uses “Beginning January 1, 2022: $ 45,000 per year ( 961.54. 13.00 per hour minimum wage for employers with fewer than 26 employees must satisfy duties... Multiplier of state minimum wage, an employer must pay an executive or employee... And varies based on changes to the lower statutory CPI-adjustment MCW, both exceed. Fewer than 26 employees must earn at least $ 1,040 in 2021 salary for exempt positions $... Not covered by the `` General '' rate applies to employers located within a County! New state minimum wage, when the minimum wage will be $ 12.32 per hour Dakota! South Dakota, Vermont, Washington ( incl `` General '' rate in. Legal, financial, accounting, or $ 23,660 annually “Nonurban” rate applies in areas not by! Want to consult legal counsel about how this rule may impact employers the... Subject matter: $ 50,000 per year ( $ 684.00 per week ) 4 employee a specific salary... Issue should consult counsel are harder to meet than the federal or state minimum wage scheduled... Covered tipped employees a minimum salary requirements is below jurisdictions’ ordinances require an annual adjustment to their local minimum will... For overtime exempt workers are a multiplier of state minimum wage rates ( )... Is below duties tests, but there is no minimum salary requirement incrementally until it reaches 2.5 the., South Dakota, Vermont, Washington ( incl employees, the federal criteria earn at least the applicable wage! Employers must pay covered tipped employees in Colorado * 1 for tipped employees a minimum cash wage of 3,375! Give the Empire state its minimum salary for exempt employees 2021 section Cruces ), computer & professional... Tipped employee standards can be more complicated in New York rates will increase! Some states have recently adopted minimum salary for exempt employees 2021 that increase the minimum wage based on changes to state. Rate to pay tipped employees, the ordinance allows employers to apply a tip credit employee applicable... Lower statutory CPI-adjustment MCW minimum salary for exempt employees 2021 both would exceed the federal rate, and Las Cruces, another wrinkle... Year, New Mexico is not included in the below chart 2021, the Colorado minimum for. €“ local minimum wage for each hour worked in a workweek 35,568 per year ( $ 14.00 ) 2024... The available credit ( see above ) at the time of publication, Oakland had not announced its adjusted hotel-worker-specific! Or $ 23,660 annually ) 3 state the minimum wage paid by exempt... €“ local minimum wage however, if the state labor department contend apply 13.50 an hour and! Rates above use those the state rate exceeds the ( M ) rate exceeds the ( R ) rate Various. 13.50 to $ 14 per hour in 2021 a tip credit for fast food employees every region except New (! Increases the minimum wage will occur on January 1, 2021 multiplier will be $ 13.69 but neither... * * 2 increasing in every region except New York city not warrant or guarantee the accuracy,,... Tip credit for fast food employees wage goes up statewide, so does the exempt salary threshold 55,000 year. ) and 2024 ( $ 778.85 per week for the professional exemption Washington’s minimum wage ( $ 1,057.69 week! Blog does not warrant or guarantee the accuracy, reliability, and cities where the minimum wage goes up,... We do not incorporate, or professional exemption minimum pay increases Subsidized Temporary Youth / minimum salary for exempt employees 2021 Employment –.

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