Secretary of Commerce Penny Pritzker today outlined a bold new policy agenda for the Department of Commerce, centered on U.S. trade and investment, innovation, and data. more info | view original.
minimum salary requirements the minimum compensation for a salary basis employee is $ 455 per week if you pay any of your salaried employees on a salary or fee basis the amount has to equal or exceed $ 455 per weekthe minimum weekly salary for your computer related salaried employee is also $ 455 per weekhe minimum compensation for a salary basis employee is $ 455 per week if you pay any of your salaried employees on a salary or fee basis the amount has to equal or exceed $ 455 per week
As a general rule, an employer may lawfully reduce an exempt employee's salary, on a prospective basis, so long as the employee's guaranteed salary does not drop below two times the California minimum wage (currently equating to a minimum salary of $33,280 annually).any times this arises where the employer tries to give the employee something positiveto offset the reduction in salary and negative morale that flows from the reduction. For example, an employer might consider reducing exempt employees' salaries by 20% in exchange for giving the employees Fridays off.