Do you have to pay overtime if you are a salaried employee?
Simply putting an employee on salary will not negate any overtime payments for extra hours worked. Granted, tracking overtime with salaried employees can be a bit more challenging than with with hourly workers.
How are salaried employees entitled to overtime pay in Texas?
Neither of these statements is true. Salaried employees in Texas are entitled to overtime pay just like their hourly counterparts, and employers cannot stipulate that a person will receive a salary only if he or she agrees to “put in extra work.” If you believe that your employer has taken advantage…
How much money do you have to make to qualify for overtime?
Under the new overtime rules, if you have employees whose annual salary is less than $47,476, ($913 per week), those employees will be eligible for overtime pay. How does overtime work?
What does it mean to be a salaried employee?
The FLSA defines a salaried employee as one who receives a fixed amount of income each pay period. That pay period could be weekly or on a less frequent basis. But he must receive the same fixed pay for any week during which he performs any work. This is true regardless of the number of days or hours in a week he works.
Can a salaried employee be entitled to overtime pay?
Yes, many salaried employees are entitled to overtime pay under the protections of the Fair Labor Standards Act (FLSA). But the amount of money you make is only one part of the overtime equation. The Labor Department puts a greater emphasis on what kind of work you do.
When do salaried employees receive their full salary?
Salaried executive, administrative, or professional employees must receive their full salary in any week in which they perform any work, subject to certain very limited exceptions. Contact the U.S. Department of Labor Wage and Hour Division for additional information or call 1-866-487-9243 if you have questions.
How many hours is a salaried employee required to work?
“How many hours is a salaried employee required to work?” is one of the most common questions an employee who has been offered their first salaried position may ask. Managers are required to design jobs that fit within the scope of a normal workday.
Under the new overtime rules, if you have employees whose annual salary is less than $47,476, ($913 per week), those employees will be eligible for overtime pay. How does overtime work?