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Minimum Salary for Exempt Managers While the higher minimum wage for fast food employees most clearly has an impact on nonexempt worker wages, it also increases the exempt salary threshold for managers and other salaried employees of covered fast food restaurants. Under California law, employees clas...
Along with minimum wage increases, several state laws have corresponding increases to the state’s applicable exempt employee salary thresholds. Each threshold is different and may be increasing or remaining the same for the upcoming year. State likes California, Colorado, and Washington raised the ap...
Overtime must be compensated at a rate of 1.5X the standard salaryfor non-exempt employees (e.g., those who meet monthly or annual salary minimums, seasonal workers, commission-based salespeople, etc.) working beyond 40 hours per week. ...
If you were waiting to increase your exempt employees’ salaries until closer to the first of next year, then you’re in the clear. You can continue to rely on the EAP exemptions using the standard salary level in the 2019 Final Rule: $684 per week, or $35,568 annualized, or, if ap...
Employers may translate the $684 a week amount into equivalent amounts for periods longer than one week: $1,368 (Bi-weekly); $1,482 (Semi-monthly); $2,964 (Monthly); $35,568 (Annual). Various states' minimum salary or fee amounts exceed the federal rate, and in...
A minimum wage is the lowest wage that a worker may be paid per hour. It's a price floor on hourly wages mandated by federal law.Nonexempt workerscan't be offered a job or agree to work for less than this amount. Minimum wages are set by the federal government and by states. They...
❗ Learn the difference betweensalary vs wagein our article! What States Are Raising Their State Wages in 2025? Alaska 2024 minimum wage:$11.73 2025 minimum wage:$11.91 Arizona 2024 minimum wage:$14.35 2025 minimum wage:$14.70 California ...
Since 1938, there have been many additional policies to the Fair Labor Standards Act that have changed many things, such as increasing the national minimum wage numerous times to the currently salary level, which was set in 1997. The Fair Minimum Wage Act of 2007 was a policy to change the...
3 secret ways to get a bigger tax refund and make sure you pay only what you owe What type of workers are exempt from this measure? Exempt employees in California are those whoearn more than twice the state's minimum wage.They must now be paid an annual salary of no less than $68,6...