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..
Importantly, Californiaâs salary requirement may be changing soon as a result of a minimum wage increase. As mentioned above, the current minimum wage is $8.00/hour, which means an exempt employee must normally earn twice that amount of minimum wage for a 40-hour work week (or $640 per week).