• July 1, 2023

Minimum Wage Washington 2024 Impacted

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Minimum Wage Washington 2024 Impacted. The 2024 minimum wage in the state of washington is $16.28 per hour. The department of labor & industries announced an increase in the state minimum wage to $16.24/hour, effective january 1, 2024.


Minimum Wage Washington 2024 Impacted

Washington’s department of labor and industries (lni) announced that washington’s minimum wage will increase from $15.74/hour to $16.28/ hour beginning january 1, 2024. These changes are expected to have a positive impact on workers’ income and provide them with fairer compensation.

Tumwater — Washington’s Minimum Wage Is Going Up To $16.28 An Hour Next Year, A 3.4 Percent Increase Over 2023.

The washington state department of labor & industries (l&i) today announced the increase to the minimum wage.

The Washington State Department Of Labor &Amp; Industries (L&Amp;I) Today Announced The Increase To The Minimum Wage.

Employees fourteen to fifteen years of age must earn at least $13.84 per hour in 2024.

Starting In 2024, The Minimum Wage Will See An Increase While The Salary Threshold For Exemption From Overtime Pay Will Also Be Adjusted.

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Twenty States Will Remain At The Minimum Of $7.25 Whilst California, New York And Washington Will Show Peaks Of $16 Per Hour.

L&i is tasked with calculating minimum wage.

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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.

Washington Minimum Wage (Bloomberg Tax Subscription)