Is there a minimum wage for exempt employees?
Specifically, the exemption for computer-related occupations allows employers to pay employees on a salary basis (at a rate of least $684 per week) or on an hourly basis (at a rate of at least $27.63 per hour). The exemption for outside sales has no minimum salary requirement.
What are the maximum hours a company can have an exempt employee work?
Employers generally do not pay overtime to salaried professionals who might work over 40 hours in a workweek. So What Is The Maximum Hours An Exempt Employee Can Work? Basically, an exempt worker could work all hours of the week. There is no maximum amount of hours that a company could demand from an exempt employee.
How much do exempt employees get paid in California?
A: In California, exempt employees must meet certain salary and duties tests and must be paid at least twice the state minimum hourly wage based on a 40-hour week. The city’s minimum wage isn’t considered when determining the minimum salary requirement in California.
What’s the minimum salary to be exempt from overtime?
Federal law establishes a minimum salary of $684 per week for the professional exemption. Employers seeking to classify employees as exempt from overtime should ensure employees meet both federal and state exemption criteria.
What is minimum salary for exempt employees?
May 20, 2019 Minimum Salary Requirement For Exempt Employees The minimum salary requirement for exempt employees according to the Fair Labor Standards Act (FLSA) is $23,600 per year or $455 per week . However, the exempt salary minimum alone does not classify an employee as exempt.
What is the minimum salary for exempt?
New Minimum Salary For Exempt Employees Takes Effect January 1, 2020. On Tuesday, the U.S. Department of Labor issued its final rule concerning overtime exemptions. The rule increases the salary threshold for employees exempt under the executive, administrative, and professional exemptions (the “white collar exemptions”) from $455 per week (or $23,660 annually) to $684 per week (or $35,568 annually).
Can an employer pay overtime to an exempt employee?
Therefore, employers are not obligated to pay overtime to an exempt employee. However, an employer may do so without jeopardizing the exempt status. The rule is that as long as the exempt employee is paid on a salary basis, the employer has met its FLSA compensation obligation.
Can an exempt employee be paid an hourly rate?
An employee must be paid an annual salary, i.e., exempt employees cannot be paid an hourly wage. The employee’s weekly income can be no less than $455 per week. Keep in mind though, just because an employee is paid an annual salary that doesn’t automatically make him or her exempt.