Originally posted by: rahvin
I just love that the two people that aren't exempt responded about what they think it means and they both pulled sh!t out of their asses.
It means quite simply no overtime, depending on the job that could mean no payment beyond 40 hours or no payment of time and half.
Originally posted by: rahvin
I just love that the two people that aren't exempt responded about what they think it means and they both pulled sh!t out of their asses.
It means quite simply no overtime, depending on the job that could mean no payment beyond 40 hours or no payment of time and half.
Originally posted by: sygyzy
That's funny, I've been salaried extempt in my previous and current job. But cheers to you rahvin.
Originally posted by: TurtleMan
Really, then thats not that bad.. unless i have to work like 80+ hours.. and on call 24x7
They call it Salaried Exempt because there is a Salaried Non-Exempt grouping in the FLSA. Salaried Non-Exempt personnel are paid out at 40 hours per week minimum (i.e. if they work 35 hours, they still get 40 hours paid time) but they are also paid overtime at 0.5x what their hourly rate would be (salary amount divided by 40 hours).Originally posted by: sygyzy
I am not sure why they even call it salaried "exempt" when salaried is sufficient. And techs is correct. Many companies, especially in tech, make everyone salaried to avoid overtime. The best part is that, like techs said, is that it was originally designed for management and CEO's (who usually work lots of overtime). But now it's extended to everyone and nobody is calling them out on it. Wel, except for the EA suits.
Originally posted by: Zenmervolt
They call it Salaried Exempt because there is a Salaried Non-Exempt grouping in the FLSA. Salaried Non-Exempt personnel are paid out at 40 hours per week minimum (i.e. if they work 35 hours, they still get 40 hours paid time) but they are also paid overtime at 0.5x what their hourly rate would be (salary amount divided by 40 hours).Originally posted by: sygyzy
I am not sure why they even call it salaried "exempt" when salaried is sufficient. And techs is correct. Many companies, especially in tech, make everyone salaried to avoid overtime. The best part is that, like techs said, is that it was originally designed for management and CEO's (who usually work lots of overtime). But now it's extended to everyone and nobody is calling them out on it. Wel, except for the EA suits.
It's just that almost no companies actually use that designation.
ZV
Originally posted by: rahvin
I just love that the two people that aren't exempt responded about what they think it means and they both pulled sh!t out of their asses.
It means quite simply no overtime, depending on the job that could mean no payment beyond 40 hours or no payment of time and half.
Originally posted by: Zenmervolt
They call it Salaried Exempt because there is a Salaried Non-Exempt grouping in the FLSA. Salaried Non-Exempt personnel are paid out at 40 hours per week minimum (i.e. if they work 35 hours, they still get 40 hours paid time) but they are also paid overtime at 0.5x what their hourly rate would be (salary amount divided by 40 hours).Originally posted by: sygyzy
I am not sure why they even call it salaried "exempt" when salaried is sufficient. And techs is correct. Many companies, especially in tech, make everyone salaried to avoid overtime. The best part is that, like techs said, is that it was originally designed for management and CEO's (who usually work lots of overtime). But now it's extended to everyone and nobody is calling them out on it. Wel, except for the EA suits.
It's just that almost no companies actually use that designation.
ZV
Originally posted by: spidey07
Originally posted by: Zenmervolt
They call it Salaried Exempt because there is a Salaried Non-Exempt grouping in the FLSA. Salaried Non-Exempt personnel are paid out at 40 hours per week minimum (i.e. if they work 35 hours, they still get 40 hours paid time) but they are also paid overtime at 0.5x what their hourly rate would be (salary amount divided by 40 hours).Originally posted by: sygyzy
I am not sure why they even call it salaried "exempt" when salaried is sufficient. And techs is correct. Many companies, especially in tech, make everyone salaried to avoid overtime. The best part is that, like techs said, is that it was originally designed for management and CEO's (who usually work lots of overtime). But now it's extended to everyone and nobody is calling them out on it. Wel, except for the EA suits.
It's just that almost no companies actually use that designation.
ZV
No necessarily true. You can be salary non-exempt and still get overtime over 40 hours at 1x, 1.5x or 2x hourly rate.
Originally posted by: Drakkon
they dont have to necessarily offer you the benefits of any of their regular employees
Originally posted by: techs
I just love it when people say things about how people pull sh!t out of their asses and then it turns out THEY are wrong.
You can't quit and say the job wanted you to work 150 hours a week and then get unemployment. I also believe you are not entitled to a break after working 4 hours straight or a lunch break, etc.