Exempt worker minimal wage is the bottom amount of cash that an employer pays an exempt worker per week with out having to pay them additional time. The Truthful Labor Requirements Act (FLSA) units the minimal wage for exempt staff, which is at present $684 per week or $35,568 per yr. This quantity is up to date periodically by the U.S. Division of Labor to maintain tempo with inflation.
There are a number of advantages to paying exempt staff a minimal wage. First, it helps to make sure that they’re pretty compensated for his or her work. Second, it will probably assist to cut back turnover by making it tougher for workers to discover a better-paying job. Third, it will probably assist to enhance morale by displaying staff that their employer values their work.
