WebThe Department of Labor administers federal labor laws to guarantee workers' rights to fair, safe, and healthy working conditions, including minimum hourly wage and overtime pay, protection against employment discrimination, and unemployment insurance. WebThis amount is up from $455 per week ($23,660 annually) beginning January 1, 2024. Oregon law requires a weekly salary equivalent to a monthly salary calculated by multiplying the applicable regional minimum wage by 2,080 hours and dividing that amount by 12 months. ORS 653.010 (9); OAR 839-020-0004 (29).
Exempt vs. Non-exempt & Salary vs. Hourly …
WebThe Federal and state laws favor paying hourly employees over time while other laws favor other compensations such as benefits, or compensatory days for salaried positions. … WebFair Labor Laws FAQ What is the current federal minimum wage? The current minimum wage is $7.25 unless you are a tipped worker. Tipped workers may be paid $2.13. See Minimum Wage Laws for more info on how much employees must be paid. What is the current minimum wage in my state? State minimum wages range from $5.15 to $15.00. react - to gfx rollerball skates
Exempt vs Non-Exempt Employee ADP
WebMar 10, 2024 · Hourly employees receive wages for the actual hours they work, while salaried employees are paid according to their employers' expectations. The minimum wage applies to both cases. The basis employers use to calculate the compensation corresponds to the hourly rate of the employee. WebThe U.S. Department of Labor in September 2024 updated the federal overtime rules regarding executive, administrative, and professional workers. Effective Jan. 1, 2024, the federal minimum salary threshold increased to $684 a week. WebAn hourly employee is paid for all time worked including overtime, if applicable. A salaried employee receives a fixed amount of money constituting compensation regardless of the … how to start a wedding business