Salary

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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


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