Few would argue that Tulare county is in the midst of a drought disaster. The California price gouging law applies following a state of emergency or major disaster. The state prohibits the overpricing of goods and services following such events.
A salary is generally expressed as an amount paid per week, per month or per year. To qualify for exemption under the Regulations, Part 541, an employee must earn the minimum required salary of $455 per week exclusive of board, lodging or other facilities..
Most workers earn a salary or hourly rate, which is typically the largest part of a person's total income. For example a marketing manager may earn $80,000 per year in salary. Excluding any incentive payments, the $80,000 salary may represent 85 percent of the marketing manager's total annual income.