California Raises Minimum Wage to $15 Per Hour and Increases Minimum Salary for Exempt EmployeesAnthony DiBenedetto
serves as the baseline across the entire United States. As of 2023, the federal minimum wage is $7.25 per hour. Non-exempt employees, typically including hourly and blue-collar workers earning less than $684 per week, fall under federal regulations. ...
As a new year rolls out, so are laws impacting grocery businesses. In addition to regulations on plastic bags and changes to grocery taxes at the dawn of 2023, some of the legislation is related to labor and employment. As of Jan. 1, the minimum wage has gone up in23 states and Washi...
In 2023, Governor Gavin Newsom signedSB 525, which required certain health care facilities to pay a special minimum wage to their employees starting June 1, 2024. Then, on certain subsequent June 1, that minimum wage would incrementally increase before eventually following an annual consumer price...
Article 27 of the Implementation Regulations for the Labor Contract Law of the People’s Republic of China stipulates that the monthly salary used for calculating the severance payment to an employee shall be no less than the local minimum wage standard. If the average pay of the employee in ...
If we assume someone works 40 hours a week, the federal minimum wage of $7.25 translates to an annual figure of just $15,080 before taxes. California’s minimum wage of $15.50 translates to $32,240 before taxes. For further perspective, check out our2022 infographicon the salary needed to...
Researchers found that “For every $1 increase in the minimum wage, …the total number of workers scheduled to work each week increased by 27.7%, while the average number of hours each worker worked per week decreased [sic] by 20.8%. For an average store in California, these changes ...
The Typical Minimum Wage Worker According to the U.S. Bureau of Labor Statistics (BLS), 80.5 million workers were paid hourly in 2023 (the most recent information), representing more than half (55.7%) of all wage and salary workers in the U.S. Of that group, only 1.1% earned the fede...
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 classified under the “white collar”...
In 2024,Starbuckspays an average hourly salary of $17.50. Its minimum hourly range for a barista is $15 to $24.According to Zippia, Team Leaders earned $33.61 per hour in 2023. In 2024, New York State increased the minimum wage for fast food workers in the city of New York, Westcheste...