WebFeb 18, 2014 · This assumes, of course, that your employer has not reduced your pay so much that it drops below minimum wage. Feel free to contact me directly for further information at 239-985-9691 or to speak confidentially- the information provided herein is for general information only and does not constitute legal advice, nor does this … WebMay 19, 2024 · What is a pay cut? A pay cut is a decrease in an employee’s compensation. ... If your state has a higher minimum wage, your employer must meet this threshold. For example, California’s …
Will employers change your salary if you move to a cheaper area?
WebThe safest course of action is for the employer not to reduce the number of hours when salary is reduced. In some cases, the courts have ruled that when both salaries and hours are reduced, it changes the employees’ exempt status. In the worst possible scenario, employers have been required to pay the workers overtime for the past 3 years. WebOct 23, 2015 · The company agreed, but wanted to decrease my salary (~5-10%) to offset the costs of flying me back to the corporate office on a quarterly basis and other "risks" of … fireplace tv stand with thermostat
How To Handle a Salary Cut Indeed.com
WebJul 8, 2010 · In the past year, most industries have seen salaries decrease by 1% to 2% or have seen wage increases flatten out, says Lee. But some positions are faring better. For instance in health care... WebSep 18, 2024 · Yes, the salary can be reduced if the position still meets all the conditions for the particular exemption, including being paid a minimum weekly salary of $455. It is … WebSep 20, 2024 · A salary reduction can’t occur unless you notify the employee of the pay cut first. Inform employees of any salary reductions before changing their pay rate. If an employer cuts pay without notifying … ethiopian innovation and technology institute