Ashley works 40 hours a week and is paid a weekly salary for those 40 hours. As a covered, nonexempt employee, Ashley must be paid a minimum weekly salary of $290 in order to meet the statutory minimum wage requirement. The minimum wage does not always have to be paid in monetary terms.
DEFINITION of 'Prepayment'. The satisfaction of a debt or installment payment before its official due date. A prepayment can be for the entire balance or for any upcoming payment that is paid in advance of the date for which the borrower is contractually obligated to pay it.Examples of a prepayment come in the form of rent or early loan repayments.Next Up.EFINITION of 'Prepayment'. The satisfaction of a debt or installment payment before its official due date. A prepayment can be for the entire balance or for any upcoming payment that is paid in advance of the date for which the borrower is contractually obligated to pay it.
Who has to pay super? Generally, if you have a job and are over 18 and get paid $450 or more in a month, your employer must pay money to a super account for you under the super guarantee. This money must come directly from your employer, not from your pay packet (or gross salary).mployees are not eligible for super if they: 1  are paid less than $450 (before tax) in a month. 2  are under 18 years old and work 30 hours or less a week. 3  are paid to do work of a domestic or private nature for not more than 30 hours a week. 4  are members of the Army, Navy or Air Force Reserve.