In California, the minimal wage is ready to extend to $15.00 per hour on January 1, 2025. Nonetheless, sure staff are exempt from this minimal wage requirement, together with those that are categorised as “wage exempt.”
To be thought of wage exempt, an worker should meet sure standards, together with:
A 2025 wage information is a useful resource that gives details about the anticipated salaries for various occupations within the yr 2025. This info can be utilized by people to make knowledgeable choices about their profession paths and by employers to develop aggressive compensation packages. Wage guides usually embrace knowledge on salaries for quite a lot of job titles, industries, and geographic places. They could additionally embrace info on bonuses, advantages, and different types of compensation.
Wage guides are necessary as a result of they supply beneficial details about the job market. This info may help people to barter salaries, make profession choices, and put together for the long run. Wage guides may also be helpful for employers, as they may help to make sure that they’re providing aggressive salaries and advantages.