Required salary for exempt employees

    • [DOC File]What exactly does exempt and non-exempt mean

      https://info.5y1.org/required-salary-for-exempt-employees_1_6c64f4.html

      If the salary-exempt employee doesn’t have time available, the employer is still required to pay the full salary for the remainder of that week. If the business is closed for subsequent week(s) and the salary-exempt employee does not work at all during the week then the employer would not be required to pay any portion of the salary.

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    • [DOC File]FLSA EXEMPT TEST

      https://info.5y1.org/required-salary-for-exempt-employees_1_d64813.html

      These will be held at the end of the orientation period, which is 3 months for hourly and nonexempt employees and 6 months for exempt employees. 2. Annual reviews. These will be held on each employee’s anniversary date of hire to evaluate his or her performance and to make any required …

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    • [DOC File]FLSA FAQ - AdmiNET

      https://info.5y1.org/required-salary-for-exempt-employees_1_33c136.html

      The employee must be paid on a salary basis and earn a salary of at least $684** per week (may not prorate for half-time employee). Teachers, doctors and lawyers are not subject to this requirement. $684** per week = $2,964 per month or $35,568 per year

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    • [DOCX File]Maine.gov

      https://info.5y1.org/required-salary-for-exempt-employees_1_a1cfe0.html

      Exempt salaried employees are not required to be paid their salary in weeks in which they perform no work. Therefore, a private employer may direct exempt staff to take vacation or debit their leave bank account in the case of an office closure, whether for a full or partial day, provided the employees receive in payment an amount equal to ...

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    • [DOCX File]CONDITIONAL OFFER LETTER TEMPLATE FOR AN …

      https://info.5y1.org/required-salary-for-exempt-employees_1_5d2177.html

      3.3.4 For employees under a step program, each component should document in a rule whether BRP will be added to the minimum rate for eligible employees. 3.3.5 Forms 500 for new hires, transfers or promotions should state either that the salary includes BRP or that the employee is ineligible for BRP.

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    • [DOC File]FLSA SALARY POLICY

      https://info.5y1.org/required-salary-for-exempt-employees_1_e7e44a.html

      For all employees, regardless of . exempt. or . non-exempt. status, an employer . MUST: Pay employees’ wages in full on scheduled paydays. Take pay deductions only as allowed or required by law. Deductions that are not required by law must have written authorization from the employee before the payday of the deduction.

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    • [DOCX File]COVID-19 or Other Public Health Emergencies and the Fair ...

      https://info.5y1.org/required-salary-for-exempt-employees_1_955868.html

      Oct 15, 2009 · EXECUTIVE - To be considered for being classified as an EXEMPT executive employee, an employee must be paid a weekly salary of $455 or above; have duties which consist of management of a company or customarily recognized department or subdivision, regularly supervise and direct two or more employees, and must have authority to hire or fire other employees or suggestions as to such …

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    • [DOCX File]FLSA Designation Worksheet - Oregon

      https://info.5y1.org/required-salary-for-exempt-employees_1_a600e6.html

      Exempt full-time employees (fte) will accrue one day of vacation for each of the 26 pay periods up to a maximum accrual of 48 days. Regular eligible part-time employees who are scheduled to work twenty (20) hours (.50 fte) per week or more earn a prorated amount of vacation time based on their fte. WesternU observes 10 holidays per year.

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    • The Difference Between Exempt vs. Non-Exempt Employee

      Generally, this means that any position that pays less than $455 per week (except for doctors, lawyers, teachers, outside sales employees, and 20 percent business owners) and is not classified, by law, as an executive, administrative, professional or certain computer positions is covered by the minimum wage and overtime provisions.

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    • Subject: Sample Wage and Salary Administration Policy

      One of the most significant changes was the salary test for exempt status, which was raised from $250 per week to $455 per week, or $23,660 per year. This minimum salary, one of the required criteria for a position to be exempt under the new regulations, had not been increased since 1975.

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