What is the overtime threshold for salaried employees?
The overtime threshold for salaried employees in North Carolina is determined by certain criteria. Generally, employees who make less than $23,660 a year or $455 a week are eligible for overtime pay. If an employee is considered exempt from overtime, they may not be paid overtime regardless of the amount they make. Additionally, employees who are not considered exempt from overtime may be entitled to extra pay for any hours worked over 40 in a single workweek. For eligible employees, overtime pay must be at least one and a half times the regular rate of pay for any hours worked over 40. An employer may also choose to provide pay for any overtime hours at a rate higher than the minimum required. It is important to note that the overtime threshold in North Carolina is higher than the federal minimum salary threshold of $23,600 per year for white collar employees who are exempt from overtime. The state of North Carolina has the right to establish higher salary thresholds or to provide additional exemptions from overtime for salaried employees. In general, salaried employees in North Carolina must be paid at least $23,660 or $455 per week in order to qualify for overtime pay. They may also be paid a higher rate for any hours worked beyond 40 per week. Employers should familiarize themselves with the specifics of North Carolina’s wage and hour law in order to ensure they are complying with applicable overtime requirements.
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