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If they work 50 hours a week, exempt employees get the same salary as if they work 30. Tip. ... An employer can legally pay exempt employees for overtime. The pay can be a bonus, a flat ...
In this case, the employee will receive their regular pay of $800 ($20 X 40 hours), plus $300.00 in overtime, or $1,100.00. Salaried employee example.
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Salary vs Hourly Employees: Pros and Cons for Employers - MSNWhen deciding how to pay your employees, you have two main options: salary or hourly wages. Each has its own advantages ...
Up until July 1, salaried workers making $684 per week, or $35,568 per year, or more were exempt from getting overtime pay. On that day, that threshold went up to $844 per week, or $43,888 per ...
You can potentially make more money with hourly pay – particularly if you work more than 40 hours a week – since employees paid this way are eligible for overtime compensation.
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