Federal, state, and local governments can determine the minimum amount you can pay employees. Learn the answer to what is minimum wage here.
CHUCK DEVORE
For example, California requires one and one-half times an employee’s regular rate of pay for all hours worked over eight hours in any workday and over 40 hours in the workweek. Additionally, CA has a requirement for the payment of double time, which is not required by the FLSA. Pay ...
What happens if an exempt employee’s salary is reduced for poor performance? Reducing pay due to performance may violate the salary basis rule and cause the employee to lose exempt status. Are state laws different from the FLSA for exempt status? Yes, some states like California and New York...
A wage-price spiral is a macroeconomic theory that explains the cause-and-effect relationship between rising wages and rising prices, which leads to inflation.
Some states, like California and Massachusetts, have mileage reimbursement requirements. Check with your state for more information about mileage reimbursement laws. Need a way to reimburse employees for mileage? Patriot’s online payroll software is easy to use and lets you run payroll using a quic...
California Colorado Connecticut Iowa Maine Massachusetts New Mexico North Carolina Texas Vermont Washington States with special pay stub rules In these states, you can provide electronic pay stubs by default, but employees must have the option to opt out and request paper copies: ...
The minimum wage is $7.25 per hour for nonexempt employees under the federal law. However, state-based thresholds can vary quite a bit. For instance, the minimum wage in California is $16, and New York’s is $15. Meanwhile, states like North Carolina and New Hampshire have the same min...
The COLA is currently pegged to the consumer price index for urban wage earners and clerical workers. According to analysis by the University of Pennsylvania’s Wharton School of Business, "That index does not accurately capture annual changes in the general price level of the basket of goods...
which is$2.13 per hour at the federal level as of July 2024. Some states, such as California, require employers to pay the full state minimum wage before tips.6The federal tipped minimum wage, which is different from the regular minimum wage for non-tipped employees, was established in 1966...