Tag: salary

July 2, 2024

With the salary threshold increase for exempt employees taking effect this Monday, businesses across industries are bracing for a transformative shift in their payroll practices. The Fair Labor Standards Act (“FLSA”) sets the federal minimum hourly wage and one-and-a-half rate […]

April 11, 2024

As most employers with employees working in California or assigned to a California location know, and as we reported in “Big Brother Just Got Bigger: Expanded Pay Data Reporting Expected to Hit the Golden State,” 2022 legislation obligated employers with […]

February 27, 2023

On February 22, 2023, the Supreme Court of the United States ruled that an employee who is paid a daily rate for each day worked, no matter how high the rate, is not exempt from the overtime provisions of the […]

August 1, 2022

New York City’s Wage Transparency Law takes effect Nov. 1, and employers—including businesses outside the city with job ads for remote work—are realizing one of the unintended outcomes of complying with the law may be pay compression. The New York […]

April 14, 2022

National Equal Pay Day, a presidentially-proclaimed day intended to draw attention to gender-based pay disparities in the United States and beyond, was celebrated across the country on March 15, 2022. In recent years, this day has gained even more recognition […]

November 23, 2021

Many federal contractors will have to pay workers at least $15 an hour by Jan. 30, 2022, under a final rule that the U.S. Department of Labor (DOL) recently announced. The final rule implements Executive Order 14026—which President Joe Biden […]

September 10, 2021

The average person will have 12 jobs in their lifetime, a significant change from years ago when people stayed in one job their entire adult life. For many people, switching employers may be the fastest way to increase their earnings. […]

July 12, 2016

Calling someone a greedy associate is redundant, right? After all, while some of us were drawn to the law by our unflagging sense of justice and dreams of becoming a modern Atticus Finch, most of us enter the law for […]

June 9, 2016

Cravath pumped first year associate salaries up to $180,000 on Monday, Above the Law reported. Hueston Hennignan, a boutique litigation firm in California, followed Cravath’s lead today, also bringing up associate base salaries to $180,000. That’s not a bad salary […]

December 22, 2015

In August 2015, the U.S. Securities and Exchange commissioners voted 3-2 in favor of a new rule that requires public companies to report their CEO’s total annual compensation as a ratio to their employees’ median pay. The SEC didn’t rush […]