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.
Yesterday, the Department of Labor (DOL) announced it was proposing a new rule raising the minimum salary level to qualify for an exemption to the 40 th percentile of weekly average earnings of full time salaried employees nationwide.For 2013, this equates to $921 per week, or $47,892 per year.For 2016, when the rule will likely go into effect, this will likely equate to $970 per week or $50,440 per year.xpressing the minimum salary as being at the 40 th percentile â the level at which 40% of salaried workers earn less than the amount and 60% earn more â means that the minimum salary level will change each year.