Minimum wage for salary employees
[DOCX File]Wage and Hour Checklist - Complete Payroll
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☐ Overtime and the Minimum Wage. Verify that all non-exempt employees are earning at least the minimum wage at either the state, municipal, or federal level, whichever is highest. Are non-exempt employees paid an overtime rate of time and one-half their regular rate of pay for all hours worked over 40 hours in the workweek or in other ...
[DOC File]HOURS OF WORK AND OVERTIME COMPENSATION
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Minimum Wage Under the Federal Act, effective September 1, 1997, employees must be paid not less than the required $5.15 minimum. All of the approved salary rates published by the Office of State Personnel provide more than the federal minimum wage to all employees certified for employment.
[DOC File]What exactly does exempt and non-exempt mean
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How your employees are paid—hourly or salary—does not determine their status as exempt or non-exempt. Please contact the United States Department of Labor if you have questions concerning exempt vs. non-exempt employees (see below). For . non-exempt. employees, an employer . MUST: Pay at least minimum wage.
[DOCX File]Employee Compensation and Development
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] per week), (b) they are paid on a salary basis, and (c) they perform exempt job duties ("executive," "professional" and "administrative.") Most employees must meet all three criteria to be exempt. If you are unsure as to whether you should be exempt or not, please ask HR to clarify your status.
[DOCX File]Welcome to Department of Administration - State of South ...
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Employees are considered “exempt” if their job duties and their salary meet certain thresholds within the FLSA. These exempt employees are not subject to the FLSA minimum wage, overtime or record keeping requirements. As such, exempt employees are expected to work as many hours as required to perform the duties of the position.
[DOCX File]Hypothesis Testing
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the minimum wage of the 2.5% of the employees receiving the lowest salary; the minimum wage of the 2.5% of the employees receiving the highest salary. What is the salary range for almost all employees. Is the Distribution Normal? Many inferential procedures assume that the data is normal. To judge whether your data is normal, try the following.
[DOC File]Setting Base Salary Levels
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The lowest Salary that this company would pay is $18,000; therefore, it becomes the Minimum Salary for Salary Band 1. To determine the Target Salary, a multiplier of 120% of the Minimum Salary was used, with the result being rounded to the nearest multiple of $250.
[DOCX File]WELCOME TO THE FAIR LABOR STANDARDS ACT
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Mar 04, 2020 · That federal minimum wage is currently $7.25 per hour. Employees need not be paid on a hourly basis so long as the pay covering each workweek equals or exceeds the minimum wage standard. Similarly, the minimum wage need not be paid in cash; it can be paid in whole or in part in board, lodging or other facilities. The federal law sets the
[DOCX File]Microsoft Word - FLSA Frequently Asked Questions for …
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Nonexempt employees are subject to the payment of overtime. Exemption is based on qualifying for all three of the following tests: Salary Basis Test. Employee must be paid on an annual salary basis; and. Minimum Salary Threshold Test. Employees must be paid above a salary threshold amount that is currently $684 per week or $35,568 annually, and
[DOC File]DEPARTMENT OF LABOR
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Chapter 16: RULES GOVERNING DEFINITIONS FOR EXECUTIVE, ADMINISTRATIVE, AND PROFESSIONAL EXEMPTIONS FROM MINIMUM WAGE AND OVERTIME. Summary: The purpose of this Chapter is to define the "executive", "administrative" and "professional" minimum wage and overtime exemptions allowed for individuals who are paid on a salary basis pursuant to 26 MRSA ...
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