Salary
what is the current federally established minimum wage
$7.25 per hour
how many months are in 1 year
12
you are paid once a month how many paycheck will you're earn over a period of 1 year
12 check
how many hours are in 1 day
24
If you are paid weekly how many paycheck will you earn over a period of 1 year
26 pay checks in a year.
how many day are in 1 year
365
how does a worker calculate overtime
40 hours in a workweek
how many days are in a typical work week
50 weeks of a year
how many weeks are in 1 year
52
how many hours are in a typical work day
7 hour
how many hours are worked in a typical work week
8 hour
can salary payment employees earn overtime
Being paid a salary of $913 per week or more is only one of the two factors. The other requirement is that you perform the duties of an exempt employee. If your
can salary payment employees earn overtime
Being paid a salary of $913 per week or more is only one of the two factors. The other requirement is that you perform the duties of an exempt employee. If your duties are not that of an exempt employee,
can commission based salary employees earn overtime
However, there is a limited exception to the overtime requirement. Unlike jobs that pay on a per hour basis, most commission only jobs do not have to pay overtime if the employee's regular rate of pay
Annual(yearly) salary
annual salary income on how much you gain over the course of a year
If you are paid bi -weekly how many paycheck will you earn over a period of 1 year
hours worked per year?
Net ( income ) salary
is amount is that you make after taxes
Gross(income) salary
is the amount that you make before taxes
what are the typical days worked during a typical work week
per year is about 261
what is overtime
time in addition to what is normal, as time worked beyond one's scheduled working hours.
Hourly based salary
you are paid an hourly wage based on how many hours you work per week
Commission based salary
you are paid based on a percentage of how much revenue you bring into a company
Regular based salary
you are paid based on a yearly salary
Weekly salary payment
you are paid once a week which means you receive 52 check
Bi-Weekly salary payment
you are paid once every two weeks which means you receive 26 check
Twice/Month salary payment
you are paid twice a month which mean you receive 24 check
Once/Month salary payment
you are paid twice a month which means you receive 24 check