The state’s minimum wage will increase to $13.69 per hour starting Jan. 1, 2021. The change is significant this year because it also impacts wages paid to some salaried employees exempt from overtime and other protections under state law.
Salaried executive, administrative and professional workers, and computer professionals must earn a salary above a minimum specified amount to remain overtime exempt. That amount will increase in 2021.
- For small businesses with 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).
- For large businesses with 51 or more employees, an exempt employee must earn a salary of at least 1.75 times the minimum wage, or $958.30 a week ($49,831.60/year).
If you have specific questions regarding business compliance with state and local revisions, please contact Noah Williams at (206) 624-6271.