Minimum Wage Texas 2024 Impact On Employees. Increased from the current amount of $107,432 (at least $684 per week). — raising the minimum wage in texas could have extensive effects across the economic spectrum.
— to be exempted from overtime and minimum wage as a highly compensated employee (“hcp”), the final rule increases the amount of annual compensation an employee earns to: — when it comes to minimum wage, texas adheres to the federal mandate, currently set at $7.25 per hour.