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.
First, the employee must be paid a salary, which is a fixed amount that canât be changed because of variations in the amount or quality of work performed. Second, the employeeâs salary must be at a minimum level. This is the test changed by the new rules. As of December 1, exempt employees must receive at least $913 per week, or $47,476 per year. This is just over twice the current minimum salary, which is $455/week or $23,660/year. Up to 10% of the salary may be from non-discretionary bonuses or incentive payments, as long as they are paid at least quarterly.