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.
Of these, the DOL projects that 4.1 million will be re-classified as non-exempt and eligible for overtime, while approximately 100,000 will receive a raise so their salary meets the new threshold. The DOL contends that the rule will result in workers receiving an aggregate pay increase of $1.2 billion per year.