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.
The employee must receive the full salary of at least $455 per week if paid on a weekly basis. If the employee is paid every two weeks (bi-weekly), the minimum salary required is $910.00. If the employee is paid twice a month (semi-monthly), the minimum salary required is $985.83.
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.