California will see another increase to its minimum wage on January 1, 2025. The minimum wage in California will increase from $16.00 per hour to $16.50 per hour on January 1, 2025. This increase applies to all employers,...more
For an employee to be exempt from overtime regulations under California law, the employee must fit into a category of work that is deemed exempt. The most common exemptions are the executive, administrative, and professional...more
Beginning January 1, 2024, California employees may have to pay overtime to more computer software employees who earn less than $115,763.35 per year, or $55.58 per hour, or $9,646.96 per month....more
California employers must ensure that compensation rates for exempt computer professionals meet updated salary thresholds, as of January 1, 2024. The minimum wage thresholds for the California computer professional...more
On January 1, 2024, the California state minimum wage will increase from $15.50 per hour to $16.00 for employers of all sizes, reflecting a 3.5% increase, which is based on the expected rate of inflation. The state minimum...more
On May 3, 2023, New York Governor, Kathy Hochul, signed the state budget legislation which will incrementally increase the state's minimum wage. The increases will maintain the state's tiered approach, whereby New York City,...more
What goes up does not come down! The trend of increasing the minimum wage continues in 2023 as follows: State: On January 1, 2023, the California state minimum wage will increase to $15.50 per hour for employers of...more
New Jersey’s statewide minimum wage will increase to $14.13 per hour effective January 1, 2023, according to the New Jersey Department of Labor & Workforce Development. That is a $1.13 increase from 2022. ...more
Per state statute, Washington’s minimum wage increases each year as a function of increases in the Consumer Price Index (CPI-W). Effective January 1, 2023, Washington’s Minimum Wage will increase to $15.74 per hour—up from...more
Employers in approximately a dozen states and twice as many cities and counties should expect significant hikes in minimum wage rates for 2023. Many of these hikes are due to state and local laws which account for...more
California’s minimum wage rate will rise to $15.50 per hour, beginning on January 1, 2023, due to a cost-of-living increase provision found in the state’s minimum wage law. California Labor Code section 1182.12...more
On July 27, 2022, the Director of California’s Department of Finance sent a letter to Governor Gavin Newsom and other state officials, noting that the Department had determined poor economic conditions necessitated expedited...more
As all Washington employers know, Washington employees who are nonexempt (e.g., not salaried) must be paid an hourly minimum wage. Additionally, Washington establishes minimum salaries for exempt (i.e., salaried) employees,...more
On July 1, 2022, a number of local municipalities will be raising their hourly minimum wage, based on changes to the consumer price index, and as required by their minimum wage ordinances. Beginning July 1, 2022, the...more
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. ...more
During his State of the Union address, President Biden indicated that getting inflation under control was a top priority, and to businesses he said, “Lower your costs, not your wages.” For many employers throughout the...more
Effective January 1, 2022, the California Department of Industrial Relations issued a new compensation threshold for exempt computer software employees, reflecting an increase of 5.3% from last year. To qualify for the...more
At a city council meeting which began on November 3, 2021, and ended on November 4, 2021, the West Hollywood City Council voted to increase the minimum wage for hourly workers in West Hollywood. In response to significant...more
California employers must ensure that compensation rates for computer professionals meet updated salary thresholds, as of January 1, 2022. The California Department of Industrial Relations (DIR) issued a memo on October 18,...more
Senate Committee Examines PRO Act. On July 22, 2021, the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP) held a hearing entitled “The Right to Organize: Empowering American Workers in a 21st Century...more
Effective July 1, 2021, San Francisco’s minimum wage increases to $16.32. This is an increase of 25 cents from the prior minimum wage ($16.07). The increases are tied to increases in the Consumer Price Index...more
On April 27, 2021, President Biden issued an executive order (the “Order”) increasing the minimum wage for Federal Government contractors and subcontractors from $10.95 per hour to $15.00 per hour. The text of the Order is...more
Effective January 1, 2021, the California Department of Industrial Relations issued a new compensation threshold for exempt computer software employees, reflecting an increase of 2% from last year. To qualify for the overtime...more