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.
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, ...