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In the US, a salaried employee receives a set amount, regardless of hours worked. The agreed pay is sometimes for 40 hour weeks, but there is no overtime pay should an employee work more than that. On the other side of that coin, however, should an employee get off early by a few hours, then they are still paid the set amount. Whole days off (sick time, vacation, personal days) fall under the company's policy as to how they treat those days off. Usually the agreed salary amount is an understanding by both parties of how many hours the average week will consist of.
The United States Department of Labor regulates who can be deemed salaried very closely because obviously there is some room for an employer to take advantage of the employee based on this pay scale. Generally there are only a few positions within a company that legally qualify as salaried positions. If you have any question about whether your position qualifies, refer to the US Department of Labor website.
An anual salary base of $29,000 provides a weekly gross pay (before taxes) of $557.69 ($29k divided by 52 weeks), $1,115.38 if paid bi-weekly ($29k divided by 26 paychecks per year), $1,208.33 if paid semi-monthly ($29k divided by 24 paychecks per year), or $2,416.67 if paid monthly. The closest estimate to an hourly wage equivalent is about $13.94/hour based on a 40 hour work week.
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Is 34000 a year a good salary?
It depends upon the currency you are paid in.
How much per year if salary 60000?
if your monthly salary is $60,000. Your yearly salary is $720,000. There are 12 months in a year, so you multiply your montly salary by 12.
What is meant by - numeric value for desired salary?
How many dollars per year do you hope to be paid.
How much is 18 dollars an hour salary a year?
$37,440
How much is yearly salary with 13.00 an hour?
A 40 hour work week is 520.00 a week. 52 weeks in a year is 27,040.00 a year.
How much does the president get paid in salary a year?
The president gets about $400,000 for a salary
How much is the president of the US paid in salary?
about $400,000 a year
How much does the president get paid in a salary?
400,000 per year
If you make a salary of 47000 a year what are you paid an hour?
how much house can you buy on a 47,000 salary
how to train for radiology how much do they earn?
Radiology Technician Schools is your guide for radiology technician training, classes, and programs.they can earn basic salary of between ?�29000 and ?�44000 in a year.
What is current drawn salary per annum?
How much you got paid for a year
How much does an actress get paid every year?
An actress is paid based on how popular she is and it is not an annual salary, it varies by film.
How much does a pediatric gastroenterologist make in average salary?
gastroenterologist get paid around 200k a year gastroenterologist get paid around 200k a year gastroenterologist get paid around 200k a year
How much does a ufl football player get paid?
35,000 per year base salary.
How much was the president paid in 1919?
Presidential salary was $50,000 per year in 1919.
How much did Andrew Jackson get paid as President?
His salary was $25,000 per year. This was the salary from the beginning of union until 1873 when it was doubled.
How much do firemen git paid a year?
The average firefighter salary range is $50,000-$65,000 per year.
