What is the overtime threshold for salaried employees?

In Nevada, the overtime threshold for salaried employees is determined based on the number of hours worked by the employee. Generally speaking, if an employee works more than 40 hours in a work week, he or she must be paid overtime. This means that the employee must be paid 1.5 times their regular rate for all hours over 40. This overtime pay rate is only applicable if the employee earns less than a certain salary threshold. The salary threshold is set by the Fair Labor Standards Act (FLSA). It is currently set at $684 per week, or $35,568 annually for salaried employees. This means that salaried employees who make more than this amount are exempt from overtime, no matter how many hours they work in a workweek. Employers must also ensure that salaried employees who make less than this threshold are accurately tracking their hours. This is to ensure that they are only working the number of hours they are supposed to and that they are receiving the overtime pay they are entitled to for any hours over 40. In Nevada, it is also important to note that the current minimum wage is higher than the federal minimum wage. This means that employees who are making an hourly wage are subject to overtime after they have worked 40 hours in a workweek, even if they make more than the FLSA salary threshold.

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