San Diego Voters Approve Earned Sick Leave-Minimum Wage Ordinance

What are the new minimum wage and sick leave requirements in San Diego?

Voters in the City of San Diego approved a referendum that will increase the minimum wage to $10.50 an hour which will become effective once the election results are certified in July. The City Council had previously proposed an ordinance to raise the minimum age that was vetoed by the Mayor Faulconer.

New Minimum Wage In San Diego

The “Earned Sick Leave-Minimum Wage Ordinance”…

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How Non-Traditional Perks Attract Millennials

What types of employee benefits are today’s workers seeking?

In order to attract and retain employees, it is essential for any business to compensate their workers fairly, and provide them with fringe benefits such as company sponsored health insurance, retirement investment programs, vacation pay, and sick leave. While these benefits are traditionally provided by businesses across multiple industries, the advance of millennials into the workforce is changing the benefit landscape.

Non-Traditional Employee Benefits

Today, in addition to…

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Gift Giving as an Estate Planning Tool

How can I minimize the tax consequences when planning my estate?

As many high net-worth individuals know, an estate with a value up to $5.45 million is exempt from federal estate taxes ($10.9 million for married couples), and there is no estate tax in California. For those who have acquired assets above the exemption threshold, year-end gift-giving provides a way to transfer wealth to their beneficiaries while minimizing the estate tax that may ultimately be…

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The “Uber-Interesting” Debate: Employee or Independent Contractor?

What is the difference between an employee and an independent contractor?

This question was at the heart of a recently settled pair of California and Massachusetts class action lawsuits against Uber by its drivers.

Uber is not your mama’s taxi service. The young $62.5 billion San Francisco-based private tech company has revolutionized the ride-hailing industry worldwide with its tap your phone and get a ride app. Each month, over 450,000 drivers in the U.S. use the…

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A Job for Two Generations

Why should those whose parents are well and happy in their 60s and 70s have “the talk” now?

While it may seem unnecessary to delve into your parents’ financial and medical plans for the future when they are still completely self-sufficient, this is precisely the right time to bring up matters of financial planning. For one thing, the time to have a rational conversation about an emotional topic is when all concerned are calm and…

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