Oklahoma Salaried Employee Appraisal Guidelines - General
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How to fill out Salaried Employee Appraisal Guidelines - General?
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FAQ
Overtime. Oklahoma employees who are paid a salary may still get overtime pay if they work more than 40 hours during a work week. Employees may only be exempt from overtime requirements if they make at least $455 per week and work in certain white collar jobs.
The best way to ensure your company is paying employees fairly is to conduct a pay equity audit. A compensation audit will look at the effectiveness and competitiveness of salaries, bonuses, incentives, and equity programs. HR teams should audit compensation regularly.
No, only if you've agreed to keep your salary secret in your employment contract. While your salary is your personal information, the Privacy Act doesn't require you to keep it confidential.
A: The short answer is Yes, even salaried employees are entitled to overtime pay. Overtime must be paid at a rate of at least one and one-half times the employee's regular rate of pay for each hour worked in a workweek in excess of the maximum allowable in a given type of employment.
From an employer perspective, the salary range is the amount of compensation paid for a specific position. For example, if the starting pay for a job is $30,000 and the maximum salary for the position, after merit increases and tenure on the job, is $40,000, the salary range for the job is $30,000 to $40,000.
Employers generally determine salaries based on five (5) types of information: the job's responsibilities, what their competitors are paying, how valuable the job is to their organization, how they pay people in similar roles based on their pay structure, and their budget/organizational needs.
How Many Hours a Week Does the Average Salaried Employee Work? While 40 hours of work per week is considered full-time, the average salaried employee does not often exceed 45-50 hours per week.
In fact, employees' right to discuss their salary is protected by law. While employers may restrict workers from discussing their salary in front of customers or during work, they cannot prohibit employees from talking about pay on their own time.
An exempt employee must be paid at least $23,600 per year ($455 per week), be paid on a salary basis, and perform exempt job duties.
Neither the state nor the federal law sets any limit as to the number of hours employees can work. Employers have the right to set the number of hours an employee may work and can change those hours at any time without advance notice to the employee. The only exception is for employees who are 14 or 15 years of age.