In California, the minimal wage is ready to extend to $15.00 per hour on January 1, 2025. Nonetheless, sure workers 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 12 months 2025. This info can be utilized by people to make knowledgeable selections about their profession paths and by employers to develop aggressive compensation packages. Wage guides usually embody knowledge on salaries for quite a lot of job titles, industries, and geographic places. They might additionally embody info on bonuses, advantages, and different types of compensation.
Wage guides are necessary as a result of they supply useful details about the job market. This info may also help people to barter salaries, make profession selections, and put together for the long run. Wage guides can be helpful for employers, as they may also help to make sure that they’re providing aggressive salaries and advantages.