Are you a #postdoc in the US, or are you consider doing one? You should be aware of some major changes to the California minimum wage law that could have major effects on postdoc pay (for the better!)
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/6 Changes to minimum wages. Starting January 1, 2017 California law requires that minimum wages increase from $10.5/hour to $15/hour. https://www.dir.ca.gov/dlse/faq_minimumwage.htm …pic.twitter.com/jpJXWcRAtm
/7 Importantly, in addition to receiving the minimum wage, employees are also entitled to receive overtime pay if they work more than 40 hours / week. https://www.dir.ca.gov/dlse/FAQ_Overtime.htm …
/8 These changes, however, means that postdocs (and other people in similar jobs) - who often work more - would need to "clock in" (and, of course, be entitled to overtime pay), which is something most institutions can't/won't administer.
/9 The third change - the exemption - therefore becomes important. Postdocs (and similar workers) will be exempt from receiving overtime pay, *if* they make 2x the minimum wage - which leads to the ~$50k starting in 2019, increasing by ~4k annually. https://www.dir.ca.gov/dlse/faq_overtimeexemptions.htm …pic.twitter.com/hHm1xeY9vS
/10 Overall, these changes means that IF (and this is an important if) the law remains as is AND institutions continue to consider postdocs exempt from overtime pay, THEN postdoc salaries in California should increase significantly.
/11 Overall, this is fantastic news - postdocs pay isn't even close to matching the increasing cost of living in e.g. California - especially if they have dependents.
/12 There are many potential issues though, so it'll be interesting to see how this is dealt with in the coming years - the main issue being that PIs rely on postdocs that need to be paid by grants, and for the past many years, grants have not increased.
/13 Another interesting question is whether this change to California law will spread across the country - e.g. if postdocs are paid $62k in California, will postdoc still only be paid, say, $50k in New York? California is a big state and could influence the rest of the country!
/14 The most interesting outcome IMO though is this - will the NIH chose to follow pay scales mandated by California to ensure equal (higher) pay for all postdocs? Will they take these changes into consideration when determining grant sizes?
/15 Whatever happens, change is coming - and as a postdoc you should be aware. I hope most of this change will be good - higher and fairer postdoc pay! [As a sidenote, PIs should be aware too when budgeting for future grants...]
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