Secretary of Commerce Penny Pritzker today outlined a bold new policy agenda for the Department of Commerce, centered on U.S. trade and investment, innovation, and data. more info | view original.
minimum salary requirements the minimum compensation for a salary basis employee is $ 455 per week if you pay any of your salaried employees on a salary or fee basis the amount has to equal or exceed $ 455 per weekthe minimum weekly salary for your computer related salaried employee is also $ 455 per weekhe minimum compensation for a salary basis employee is $ 455 per week if you pay any of your salaried employees on a salary or fee basis the amount has to equal or exceed $ 455 per week
A. Yes, an employer is permitted to pay a non-exempt employee on salary basis which is less than the required $913 per week (New Overtime Final Rule) as long as the employee is not paid less than the federal minimum wage rate of for all hours worked and is paid overtime for all hour worked in excess 40 per week.