In California, the minimal wage is about to extend to $15.00 per hour on January 1, 2025. Nevertheless, sure staff are exempt from this minimal wage requirement, together with those that are labeled as “wage exempt.”
To be thought-about wage exempt, an worker should meet sure standards, together with:
A 2025 wage information is a useful resource that gives details about the anticipated salaries for various occupations within the yr 2025. This data can be utilized by people to make knowledgeable choices about their profession paths and by employers to develop aggressive compensation packages. Wage guides sometimes embrace information on salaries for quite a lot of job titles, industries, and geographic places. They might additionally embrace data on bonuses, advantages, and different types of compensation.
Wage guides are essential as a result of they supply useful details about the job market. This data will help people to barter salaries, make profession choices, and put together for the long run. Wage guides will also be helpful for employers, as they will help to make sure that they’re providing aggressive salaries and advantages.