So today I find out that my job is being changed to non-exempt from Exempt. Although their are pluses involved in getting OT, the negatives are that I lose 1 week vacation because non-exempt only get 2/year instead of 3. ALSO, Maximum bonus next year is less.
Question, though: when trying to find info on this law, it seems this went into law in 2004. Since my job apparently has been misclasified for the last 1.5 years or so, wouldn't my employer be obligated to pay me OT for all of the hours over 40 since the law was enacted? It would seem that I'd get a nice fat check if this is the case.
Does anyone know anything about this law? Thanks!
Question, though: when trying to find info on this law, it seems this went into law in 2004. Since my job apparently has been misclasified for the last 1.5 years or so, wouldn't my employer be obligated to pay me OT for all of the hours over 40 since the law was enacted? It would seem that I'd get a nice fat check if this is the case.
Does anyone know anything about this law? Thanks!