Personal Finance

3799 readers

1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml

Converted from Nonexempt Salaried to Nonexempt Hourly (dmv.social)

submitted 7 months ago by Atyno@dmv.social to c/personalfinance@lemmy.ml

12 comments fedilink hide all child comments

As the title says, should I be concerned? I get the impression this is just a bureaucratic change (company doesn't want to deal with both salaried and hourly workers for timesheet reporting). But I'd like to make sure.

you are viewing a single comment's thread
view the rest of the comments

[–] odelik@lemmy.today 10 points 7 months ago* (last edited 7 months ago)

No, what I mean is that salary guarantees you get @ least 40 hours of pay (assuming salaried full-time). If you show up for work and they send you home, as a salaried employee you still get paid. Or if you finish the alloted work for the week early, you still get paid for 40.

After all of that is when non-exempt comes into play with OT pay according to federal & state regulations and any contract guarantees that go above those regulations.