Fortune Cat is known as Maneki Neko in Japanese, which means âbeckoning cat.â The cat has its paw raised as if itâs waving in good fortune for its owners. Other common monikers include Lucky Cat, Money Cat, and Welcoming Cat.
Note: You can't unilaterally take away the right to a salary increase if it's guaranteed. In other words, if you guarantee your employees' salary increases in their employment contracts, you can't just remove this right and replace his employment contract. This equals breach of contract from your part! I..e. Changing a 13th cheque with a discretionary annual increase.
And suprisingly, the DOLâs proposed rule will have an impact in California, for it significantly exceeds Californiaâs minimum salary level for exempt status: currently $720 per week, $37,440 annually, increasing on January 1, 2016 to $800 per week, $41,600 annually.xpressing the minimum salary as being at the 40 th percentile â the level at which 40% of salaried workers earn less than the amount and 60% earn more â means that the minimum salary level will change each year.