Few would argue that Tulare county is in the midst of a drought disaster. The California price gouging law applies following a state of emergency or major disaster. The state prohibits the overpricing of goods and services following such events.
A salary is generally expressed as an amount paid per week, per month or per year. To qualify for exemption under the Regulations, Part 541, an employee must earn the minimum required salary of $455 per week exclusive of board, lodging or other facilities..
Under the California Labor Code, an exempt employee must be paid an annual salary equal to at least twice the amount that would be earned by a minimum-wage hourly employee working a 40-hour workweek. At the current minimum wage at $10 per hour, the minimum salary for an exempt employee is $41,600 annually. Under SB3, the minimum exempt salary will increase incrementally, first to $43,680 and eventually to $62,400, once the minimum wage reaches $15 per hour in 2022. Meanwhile, the minimum salary threshold for exempt employees under federal law has been increased to $47,476, effective December 1, 2016.