The Washington Department of Labor and Industries (L&I) will soon announce the minimum salary thresholds for noncompete agreements that take effect on January 1, 2024. Washington law prohibits noncompete agreements with individuals who earn less than the applicable annual salary threshold. L&I publishes separate thresholds for employees and independent contractors which are both adjusted annually for inflation. While the 2024 thresholds are not yet posted on L&I’s webpage for noncompete agreements, Vigilant has been in contact with a representative of L&I who confirmed the correct threshold amounts. The 2024 annual salary threshold is $120,559.99 for employees and $301,399.98 for independent contractors.
Tips: See our Legal Guide, Noncompetition Agreements, for guidance on additional requirements that must be met for these agreements to be valid in Washington. Contact your Vigilant Law Group employment attorney with any questions.