Minimum Wage Washington 2024 Forecast. The fair work ombudsman is reminding employers that a 3.75 per cent minimum wage increase should be applied to eligible employees’ pay from the first full. Washington employers must pay most employees at least the minimum wage for every hour worked.
The 3.37% increase is based on state law, which requires the state’s minimum wage to be adjusted annually based on the consumer price index for urban. The washington state minimum wage rate for nonexempt employees sixteen years of age and older will increase 3.4 percent over the 2023 rate to $16.28 per hour in 2024.
Published Jul 1, 2024 11:40 A.m.
The washington state department of labor and industries has released the updated salary threshold implementation schedule for 2024.
1, 2024, According To A Sept.
This adjustment from the previous year’s $15.74 is a significant change for employers across the state.
Minimum Wage Washington 2024 Forecast Images References :
You Must Be Aware That This Rate Is The Baseline For Employee Compensation.
The state of washington has announced increases in the minimum wage rate and the exempt salary thresholds for employees, effective january 1, 2024.
Washington’s Hourly Minimum Wage Will Rise To $16.28 From $15.74 Effective Jan.
The 8.66 percent rise is directly linked to the cost of common goods such as housing, food, and medical care as reflected in the consumer price index.
