Salary Minimum Wage 2024 Texas

Salary Minimum Wage 2024 Texas. Keep reading to see tables with the most accurate information as of 2024 and learn more about texas's minimum wage requirements. On january 1, 2024, the minimum wage for “large,” “small,” and “micro” businesses will remain $15.00, $13.00, and $11.50 per hour, respectively, though these rates will increase in july 2024.

The federal minimum wage is $7.25 per hour. As of 2024, the federal minimum salary threshold for exempt employees is $844 per week ($43,888 per year).