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/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...]
BTW, NY has the same provision with regard to exempt employees. It's a little more complicated because minimum wage isn't rising uniformly across the state (will hit $15 on 12/31/18 in NYC, on 12/31/19 downstate & at some point later upstate).
But an employee can only be considered exempt in NYS if they earn a weekly salary of the equivalent of 75x the full time minimum wage. So, for 2019 in the city, 75*15*52=$58,500.
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