Washington’s hourly minimum wage will rise to $15.74 from $14.49 effective Jan. 1, 2023, the state labor and industries department announced Sept. 30.
The announcement confirms Bloomberg Tax’s Sept. 13 calculations.
The hourly minimum wage for employees ages 14 and 15 will rise to $13.38.
Overtime Exemption
The minimum salary threshold for white-collar workers to be exempt from overtime will also rise in 2023. The salary threshold for small employers, or employers with one to 50 employees, will rise to $1,101.80 a week, or $57,293.60 a year. The salary threshold for large employers, or employers with at least 51 employees, ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.
