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.
Currently the minimum salary for a full time, exempt employee is $33,280 per year. This will increase on July 1, 2014 to a minimum exempt salary of $37,440 per year. By 2016, employees will need to earn at least $41,600 per year to meet the minimum salary test for exempt status.State minimum wage law will also impact the pay of commissioned inside sales employees.his means that in order to be exempt from overtime pay after July 1, 2014 an inside sales person must earn at least $13.51 per hour, and starting on January 1, 2016 an inside sales person must earn at least $15.01 per hour.