Washington Non-Compete Salary Threshold 2024

Washington Non-Compete Salary Threshold 2024. Each minimum compensation threshold is adjusted annually for inflation. The salary threshold would increase from the current $684 per week ($35,568 per year) to $1,059 per week ($55,068 per year)—a 55% increase from the.


Washington Non-Compete Salary Threshold 2024

On september 29, 2023 the washington state department of. Important developments are on the horizon for washington state employers in 2024.

The Salary Threshold Would Increase From The Current $684 Per Week ($35,568 Per Year) To $1,059 Per Week ($55,068 Per Year)—A 55% Increase From The.

Effective january 1, 2022, the earning thresholds for employees and independent contractors in washington who properly may be subject to noncompetition.

Important Developments Are On The Horizon For Washington State Employers In 2024.

On september 29, 2023 the washington state department of.

Washington Raises Income Thresholds For Employees, Contractors Subject To Noncompetition Covenants Nearly 6 Percent For 2022.

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The Minimum Salary Threshold For Highly Compensated Workers Will Increase To $123,750 In 2024.

Hb 1450 imposes significant restrictions on all contracts containing noncompetition.

In Washington, Starting On January 1, 2024, Only Workers Who Earn More Than $120,559.99 Per Year For.

Effective january 1, 2022, the earning thresholds for employees and independent contractors in washington who properly may be subject to noncompetition.

Colorado’s Threshold Increased To $123,750 Effective January 1, 2024.