Minimum wage for tipped employees The FLSA currently permits a tip credit, which reduces the federal minimum wage for tipped employees. Tipped employees can have a lower base wage because their tips should make up the rest of their wages. ...
California State Minimum Wage for Exempt Employees: Beginning on January 1, 2025, the minimum salary forExempt employees in Californiawill increase to$68,640/year, or$1,320/week.1 California State Minimum Wage for Fast Food Employees: On April 1, 2024,AB 1228went into effect, setting the Mi...
It should also be noted that while state and local jurisdictions have implemented certain wage increases, there remains a multitude of states and local jurisdictions maintaining the federal minimum wage standard and defer to federal law in analyzing salary thresholds for exempt employees. It should be...
We are a fast food restaurant covered by the recent minimum wage law for fast food restaurant employees. Does this law also affect the minimum salary we must pay to our exempt managers? Yes, the recent minimum wage law hike for fast food chain workers also has a substantial impact on the ...
Paul R. Lynd
To generally sum up eligibility requirements, most hourly nonexempt employees are entitled to earn at least the current minimum wage rate of $7.25 for each hour worked. This is only an overview of minimum wage eligibility at the Federal level. Other special rules as well as exemptions might ap...
Minimum wage laws can affect businesses of all sizes, whether operating nationwide, in multiple jurisdictions, or only in one state, county, or city.
Stay ahead of the curve with Oregon Minimum Wage updates. Learn how the minimum wage in Oregon will affect your business in 2024. Prepare your business today!
Stay ahead with the Nevada minimum wage changes! Optimize your operations & financial planning to ensure your business not only survives but thrives. Learn how.
Federal Minimum Wage Effective July 24, 2009, the federal minimum wage is $7.25 an hour for coverednon-exempt employees, meaning employees who are covered under the FLSA.1Employers in covered employment categories cannot pay their employees less than $7.25 per hour. ...