Washington State Announces 2023 Minimum Wage Rate and Salary Thresholds

The 2023 minimal wage charge in Washington State will enhance to $15.74 per hour for workers sixteen years of age and older, the Washington State Division of Labor & Industries introduced on September 30, 2022. This enhance represents a rise of $1.25 per hour, or an 8.66 % enhance yr over yr. Workers aged 14 to fifteen years outdated should earn at the least $13.38 per hour in 2023.

Given the steep enhance within the minimal wage, the state’s wage necessities for exempt workers are additionally growing considerably. In 2023, small employers (one to not more than fifty workers) should pay exempt workers 1.75 instances the minimal wage, which means that exempt workers of small employers should earn at the least $1,101.80 per week ($57,293.60 per yr) to satisfy the minimal wage requirement to be exempt from additional time necessities.

Giant employers (fifty-one or extra workers) should pay exempt workers at the least two instances the minimal wage to satisfy the minimal wage necessities. In 2023, giant employers should pay exempt workers at the least $1,259.20 per week ($65,478.40 per yr) to satisfy the state’s minimal wage requirement to be exempt from additional time necessities.

Exempt laptop professionals who’re paid on an hourly versus wage foundation should earn at the least $55.09 per hour (3.5 instances the minimal wage).