2 replies on “High level exemption”

  1. The 1/17/2013 draft seems to exempt in the case that “the employee has, at any time, received annualized taxable compensation from the employer of $250,000 or more.” without any index to inflation. If you attend to salary surveys I think you’ll find that amount may already be to low today in some fields, assuming that you’re trying to exclude executives (high-level employees) and not competent individual contributors (high-value employees). Solving the problem only for low-value employees doesn’t really solve the problem at all. Those rockstar individual contributors are exactly the people that startups need in their first handful of hires.

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