Minimum Wage Texas 2024 Impact Fees. 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. This is the exact same amount per hour as the federal minimum wage.
The current minimum wage in texas is $7.25 per hour. The minimum wage in texas is $7.25 per hour, effective since july 2009.
Texas Minimum Wage 2024 Increases Marji Shannah, The Minimum Wage In Texas Is Currently Set At The Federal Minimum Wage.
This rate applies to most employees in the state and is the baseline wage that employers must pay to comply with federal and state laws.
Texas Plans To Increase Its Minimum Wage Annually Until It Reaches $15.00 Per Hour In 2026.
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.
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.
The minimum wage in texas is currently $7.25.
The Last Time Texas Chose To Raise Its Minimum Wage Was In 2009 When The Mandated Hourly Pay Went Up To The Current.