Update: By the way, the chair of the department does not have the best English skills because he is Asian and went to school in Germany, so English is probably his third language. Don't tell me not to go to RPI because of the guy's English skills, lol. Update 2: Ohh no, I know the term candidate is common...
Iowa's overtime minimum wage is $10.88 per hour, one and a half times the regular Iowa minimum wage of $7.25. If you earn more then the Iowa minimum wage rate, you are entitled to at least 1.5 times your regular hourly wage for all overtime worked.
That means employees earning a yearly salary of $50,440 or less automatically would be eligible for overtime pay. Currently, the threshold is $455 a week, meaning a salaried worker making more than $23,660 a year does not automatically qualify for overtime pay under federal standards.The threshold was last updated in 2004, and the Obama administration says itâs been eroded by inflation.urrently, workers whose yearly salaries are $23,660 or less automatically qualify for overtime pay if they work more than 40 hours in a week. These rules donât apply to workers who are classified as executive, administrative or professional employees.