"Salary exempt" refers to employees who are exempt from FLSA overtime rules due to their job duties and salary level. Being salaried does not automatically mean an employee is exempt; the FLSA requires a duties test and salary basis test. The minimum salary threshold for exemption under the ...
repeal (and which may be overturned at some point in the future). Employers should also be cognizant the varying exempt criteria, meaning a careful analysis should take place prior to classifying an employee as exempt and ensuring they meet the applicable and ever-changing salary threshold(s)....
Bennett Pine
The salary for eligibility to be exempt from overtime will eventually be increased from $455 to $913 per week. This will amount to $47,476 per year. The purpose of this increase is to account for inflation. Every three years, the salary threshold for eligibility will be reviewed and updat...
While it is true that there is a minimum salary threshold, or the “Salary Level Test”— meeting this is only one of the three tests.Additionally, an employee must also pass the“Salary Basis Test,” which means they can rely on a regular payment for each pay period. For example, ...
Minimum Salary. The employee must be paid a salary that is at least twice the state minimum wage for full-time employment.1 White Collar Duties. The employee’s primary duties must consist of administrative, executive, or professional tasks.2 Independent Judgment. The employee’s job...
Under the Fair Labor Standards Act (FLSA), exempt employees are not entitled to overtime pay because they meet certain criteria, such as earning salaries above a set threshold or having jobs that are classified as executive, professional, or administrative. Salaried employees get paid a fixed amo...
scope for self-supervision. Take, for example, a maintenance worker who’s hired to work 40 hours per week at $18 an hour. With typical weekly earnings of $720, they easily pass the salary test to be designated as an exempt worker, since their weekly income exceeds the $684 threshold....
However, an employer’s ability to claim the tip credit is dependent on an employee’s weekly tip average equaling at least the hourly Tip Threshold (TT) (or TT(R) for resort hotel service employees) and an employee’s direct wage plus tips equaling or exceeding the ...
New York Employment Law Update for 2017: Minimum Wage Increases, Increases in Salary Threshold for Exempt Employees, and 2018 Paid Family LeaveGoodman, Carol M