California Raises Software Employee Pay Minimums for Overtime Exemption

Beginning Jan. 1, 2024, California employers may have to pay overtime to more computer software employees who earn less than $115,763.35 per year, or $55.58 per hour, or $9,646.96 per month.
On Oct. 1, the California Department of Industrial Relations (DIR) issued new annual adjusted minimum thresholds for computer software employees who are considered exempt from the state’s overtime requirements.
Source: New feed 2