Minimum Wage In Texas 2024 Legislation And Regulations. The value of the federal minimum wage has fallen such that it has less purchasing power today than it has had at any time since 1956 (cooper,. Increased from $17 to $17.50 per hour.
Texas follows the federal minimum salary threshold established by the fair labor standards act (flsa) for exempt employees. Increased from the current amount of $107,432 (at least $684 per week).
Increased From The Current Amount Of $107,432 (At Least $684 Per Week).
The new rule raises the salary basis threshold for executive, administrative, professional and computer professional exempt employees from $684 per week ($35,568 per year) to $844 per week ($43,888 per year) beginning july 1, 2024.
Read On To Learn The Latest About Minimum Wage In The Lone Star State In 2024.
Texas follows the federal minimum salary threshold established by the fair labor standards act (flsa) for exempt employees.
Minimum Wage In Texas 2024 Legislation And Regulations Images References :
As Of January 2024, The Federal Minimum Salary Threshold For Exempt Employees Is $844 Per Week ($43,888 Per Year).
The minimum wage in texas is currently set at the federal minimum wage rate, which is $7.25 per hour.
Effective July 24, 2009, Texas Adopted The Federal Minimum Wage Rate Of $7.25 Per Hour.
This is the exact same amount per hour as the federal minimum wage.