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Employees Making Less than $58,656 May Now Be Eligible for Overtime
April 23, 2024

The U.S. Department of Labor has increased the Fair Labor Standards Act's (FLSA's) annual salary-level threshold from $35,568 to $58,656 as of Jan. 1, 2025, for white-collar exemptions to overtim...

Stock Options Are Not “Wages” in California
April 22, 2024

In startup businesses, it’s not uncommon for employees to accept less cash compensation in exchange for stock options — the option to buy the company stock at a predetermined exercise price. In the future, if...

The Lowest Salary Employees Would Accept for a New Job Jumps to Record High
April 19, 2024

Employers looking to hire new talent may have to shell out more money than they have in years. (...