California Employment News: Professional and Administrative Pay Exemptions
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A number of affordable housing components of the New York State Budget Bill are worth calling out for developers, as the moves, along with the hundreds of millions of dollars coming from the state, should spur development. ...more
The Massachusetts Wage Act (MA Wage Act) is one of the most punitive wage payment laws in the country. Employers who violate the MA Wage Act are liable for treble damages, attorney’s fees, and costs. The question of what...more
A new DC law restricts DC employers from entering into non-compete agreements with employees earning less than $150,000 as of October 1, 2022, whereas the prior iteration of the law would have imposed a near universal ban on...more
Oregon’s Equal Pay Act prohibits discrimination on the basis of a protected class in the payment of wages or other compensation for work of a comparable character. Compensation broadly includes wages, salary, bonuses,...more
Under federal and California law, employers must include most bonuses and incentives in the “regular rate” for paying overtime, as well as meal and rest period premium pay. Often, such as with a monthly or quarterly bonus, an...more
No employer is immune from staffing storages in today’s climate, but December 2021 unemployment data released this week by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS), confirms what Indiana employers have...more
The Australian Securities and Investments Commission (ASIC) has released a consultation paper, seeking feedback on proposed reforms to its class order relief and guidance for employee incentive schemes. An updated version of...more
The report from the Parliamentary Commission on Banking Standards includes recommendations on remuneration, diversity, and whistleblowing. On June 19, the Parliamentary Commission on Banking Standards (the Commission)...more
On March 15, 2013, the IRS issued a private letter ruling responding to a request for a determination of whether incentive awards paid to class representatives under a settlement agreement resolving a class action suit...more