Highly Compensated Employee 2024 California. The annual salary threshold for the hce exemption will increase from $107,432 to $132,964 on july 1, 2024, and to $151,164 on jan. Starting january 1, 2024, california employers must pay their computer professional employees a salary of at least $115,763.35 annually ($9,646.96 monthly) or.
For example, in 2024, an employee must have earned at least $150,000 in 2023 to be considered an hce for 2024. For plan year 2025, an employee’s 2024 salary must be.