What does "salaried exempt position" be going to?
Answers:
That resources that you do not achieve rewarded for overtime if you work more than the regular hours. If your available job is 40 hours per week, you can work up to 168 (the entire week) in need getting anything extra. Hope your remuneration is a pretty apt one!
it manner no extra clear for working overtime - you carry like paycheck whether you work 40 hrs or 80. greeting to the authentic world
you trade name a definite amount a week if you work 30 hours or 60 hours. they expect you to.
With what regard...exempt from what? I assume your assignment have some benefit, bonus, wages that they own said your within a salaried exempt position.
What it could suggest is something close to overtime. They may be maxim that because your salaried you are not qualified to overtime. This could be true or not depending on your position and responsiblities. As beside most yahoo question the scarcity of information by the entity asking the query prevents complete or relavant answers to be given.
It ability that you just return with rewarded for 40 hours a week, even if you work more. The employer is not required to remuneration over time, or any time after 40 hours.
It method the employer does not enjoy to settle you overtime reward if you work more than 40 hours per week. The US Department of Labor have specific guideline which employer must follow to consider a position as "salaried exempt" such as must enjoy a college scope within a paddock associated beside the work requirements of the position. Check their website 'www.dol.gov'
With adjectives regard to the previous answers...I enjoy to disagree. There are terribly few cases that the overtime law do not apply.
From my experience...the permanent status 'salaried exempt" way that you are not eligible for association benefits. In other words it vitally manner a paperwork position. It doesn't tight-fisted that you lose your rights to overtime...but, within are several companies that want you to believe specifically true.
This permanent status have no designation contained by charge tenet whatsoever. It is slang that is to say used between corporations and union. Oh...insurance companies approaching this phrase too. They want to create two separate groups so they can create different rates.
But, as I enjoy said in attendance is no such point contained by the actual due statute.
Exempt from overtime law. It doesn't enjoy any intent as far as tariff canon is concerned, aside from the certainty that a long week can't see you into the subsequent excise bracket, I guess.
It method that your employment isn't covered by overtime law so you won't achieve salaried for overtime. There are a few requirements for this - typically it's nouns positions and some rather high-paid professional positions. Even if you are contained by a paperwork position, within are still income minimums that must be met for you to be exempt. See http://www.dol.gov/dol/topic/wages/overt... and links from that page for more info.