Note that if the employer had previously employed 11 or more persons at any point during the current or prior calendar year, the employer would have to pay the Large Employer rate throughout the current calendar year. Yes. No. Federal government websites often end in .gov or .mil. You can find more answers to questions about these exemptions. The department instead could quickly raise the salary threshold to around$48,000 or $49,000, McCutchen said, but she thinks if the DOL "goes for too much, it will end up with nothing," saying that the department shouldn't let the perfect be the enemy of the good. Colorado: In Colorado, employees must meet certain salary and duties tests to qualify for exemption. At the time, the DOL estimated that the $921/week threshold would make more than 4.2 million workers ineligible for a white-collar exemption and eligible for overtime pay. [SHRM members-only HR Q&A:What are the federal, state and local minimum wage rates?]. Washington, DC 202101-866-4-US-WAGE1-866-487-9243, Administrator Interpretations, Opinion and Ruling Letters, Resources for State and Local Governments, https://www.federalregister.gov/documents/2019/09/27/2019-20353/defining-and-delimiting-the-exemptions-for-executive-administrative-professional-outside-sales-and. $58,240 (employers with 25 or fewer employees), $62,400 (employers with 26 or more employees), $64,480 (All employers regardless of size), $58,511 (NYC, Nassau, Suffolk, Westchester), $55,341 (12/31/2022 for All other NY Workers), ~$50,740 (1.75 x Minimum Wage, All Employers 2022), ~$57,293.60 (1.75 x Minimum Wage, Employers with 1-50 Employees). The overtime salary threshold limits will increase for the following states: California To qualify for the overtime exemption, a computer software professionals must earn at least $50.00 per hour or $104,149.81 annually ($8,679.16 monthly). 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. On December 31, 2021, the minimum wage is increasing in every region except New York City. var currentLocation = getCookie("SHRM_Core_CurrentUser_LocationID"); Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRMs permission. Elimination of Paper Documentation in Streamlined Entry Process NLRB Will Not Stop Short in Imposing Remedies for Failure to Bargain, A Definitive Guide to Master Law Firm Business Development. Twenty-five states have scheduled a minimum wage increase for some time during 2022, according to the National Conference of State Legislatures. Learn how SHRM Certification can accelerate your career growth by earning a SHRM-CP or SHRM-SCP. California Supreme Court Lets It Stand That CDTFA Can Decide Who Is OFCCP Requires Federal Contractors to Implement Revised Voluntary DOJ Targets Health Care Fraud Schemes Exploiting COVID-19 Pandemic In EPA has issued an "order" permitting continued PFAS Montana and Tennessee Could Become Eighth and Ninth States to Enact Hunton Andrews Kurths Privacy and Cybersecurity. To request permission for specific items, click on the reuse permissions button on the page where you find the item. An agency within the U.S. Department of Labor, 200 Constitution Ave NW See other fact sheets in this series for more information on the exemptions for executive, administrative, professional, computer and outside sales employees. .agency-blurb-container .agency_blurb.background--light { padding: 0; } Employees who work in the balance of the State (outside of New York City or Nassau, Suffolk and Westchester counties, other than Fast Food Workers) will reach $14.20 per hour on December 31, 2022. $14 per hourfor employers with26 or more employees; $15 per hour for employers with 26 or more employees; $9.87 (unless the states unemployment rate for 2021 exceeded 8.5%, in which case the current $9.65 rate will remain in effect for 2022), $9.30 (for employers with annual gross receipts of $342k per year; otherwise, the federal minimum wage applies), $15.00, or $2 above state minimum wage, whichever is greater, $15.50 or $2 above the state minimum wage, whichever is greater, $14.00 (increasing to$15.00 by Dec. 31, 2021).
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