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East Ventura County - Employer Advisory Council
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California Labor Code Section 2751 Update
Under California Labor Code Section 2751, commission agreements/plans need to be in writing and signed by the employee. A commission agreement/plan should state (i) the commission rate, (ii) when/how the commission is earned, (iii) when the commission is paid, (iv)...
California Labor Code Section 2751 Update
Under California Labor Code Section 2751, commission agreements/plans need to be in writing and signed by the employee. A commission agreement/plan should state (i) the commission rate, (ii) when/how the commission is earned, (iii) when the commission is paid, (iv)...
April 2024 Federal Updates: Exemption Salary Requirements & Non-Compete Agreements
In April 2024, the U.S. Dept. of Labor increased the minimum salary to be exempt from federal overtime requirements to $43,888 per year, or $844 per week. This does not affect CA exemption minimum salary requirements, which currently are much higher than the federal...
Stock Option Grants Wages Under CA Labor Code: Understanding the Recent Case of Shaw v. Skillz, Inc
Are stock option grants “wages” under California law? The recent case of Shaw v. Skillz, Inc. answers that question in the negative – i.e., holding that stock option grants are not “wages” under the CA Labor Code. The CA Labor Code defines “wages” as “all amounts for...