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/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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