Webyou’re paid a certain amount of money every pay-period, no matter how many hours you actually work. Being paid regardless of your hours is key to being a salaried employee. 2. How High Is My Salary? Getting paid regardless of your hours isn’t enough; exemption also depends on how much you make: you’re paid at least $455 every week, or ... WebApr 28, 2024 · In general, an employee has to make at least $684 per week ($35,568 per year), be paid on a salary basis, and perform exempt duties that require discretion and independent judgment at least 50% of ...

A Guide to Salaried Employees: Everything To Know About Hours ... - Indeed

WebWith few exceptions, to be exempt an employee must (a) be paid at least $23,600 per year ($455 per week), and (b) be paid on a salary basis, and also (c) perform exempt job duties. These requirements are outlined in the FLSA Regulations (promulgated by the U.S. Department of Labor). WebFederal Laws about Hours Worked. If you are paid a salary rather than an hourly wage, you must work the number of hours agreed upon in your … harley davidson garage clock

Fair Labor Standards Act (FLSA) Coverage (Exempt vs.

WebThe Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. Covered nonexempt workers are entitled to a minimum wage of not less than $7.25 per hour effective July 24, 2009. WebRemember that even though the terms "hourly" and "nonexempt" are often used interchangeably, nonexempt employees can be paid on either a salaried or hourly basis. In either case, you must track all hours worked by nonexempt employees and pay them overtime for hours worked over 40 in a workweek. Finally, don't forget to follow the state … WebTimekeeping usually isn’t as important with salaried employees unless incentives are offered to those who put in extra hours. Salaried non-exempt employees. ... If workers … chang\u0027s fayetteville nc