UPDATE: CALIFORNIA EMPLOYERS MAY NOW REDUCE EXEMPT EMPLOYEE SALARIES IN EXCHANGE FOR SHORTENED WORKWEEK
During these challenging financial times some employers are finding they need to temporarily reduce costs, including employee payroll. Fortunately, the California Department of Labor Standards Enforcement (DLSE) has recently issued an opinion letter allowing employers to reduce exempt employee salaries in exchange for a shortened workweek. This new August 19, 2009 opinion letter flatly contradicts [...]
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