Give back & Do Good with our Do Good Dayton Checking Account ! Itâs a free checking account where we pay you $50 to Pay it Forward. Plus weâll put $20 in our Do Good Dayton Fund to reach our goal of donating $5,000 to the Dayton FoodBank. Learn more about this great account and cause.
Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. general rule for comparing periodic salaries to hourly wages is based on a standard 40 hour work week with 50 weeks per year (minus two weeks for vacation). (Example: $40,000/year periodic salary divided by 50 weeks equals $800/week.
A salary basis is a minimum amount a salaried worker is entitled to receive based on overall job duties. The minimum amount a salaried manager is entitled to receive is $455 per week. A nonsalaried manager's pay cannot be less than the federal minimum wage of $7.25 per hour.Nonsalaried managers who perform certain computer-related duties may be entitled to a pay rate of at least $27.63 per hour.xempt managers receive a specific salary regardless of the number of hours worked during the week. A nonexempt manager receives an hourly wage and must be paid for each hour worked during the week, including overtime.