What are the rules for paying overtime for salaried employees?

In Mississippi, employees who are paid on a salaried basis may be entitled to overtime pay. Under federal law, salaried workers must be paid an equal amount for any hours worked over 40 in a workweek, regardless of job duties or job title. In Mississippi, employers must pay overtime to salaried employees at a rate of 1.5 times their regular rate of pay. Employees covered by the Fair Labor Standards Act (FLSA) are eligible for overtime pay. This includes non-exempt employees, executive, administrative, and professional employees, as well as outside salespeople and certain computer professionals. In order for an employer to be able to pay an employee a salary and not overtime, the employee must be in an executive, administrative, or professional capacity and must be paid at least $455 per week (or $23,660 per year). Even if an employee meets these requirements, the employer is still required to pay overtime if the employee works more than 40 hours in a week. Employers must also be aware of state and local laws, which may provide additional overtime protections for salaried employees. Additionally, it is important for employers to keep detailed records of hours worked for all employees, even salaried employees, to ensure accuracy and compliance with the law.

Related FAQs

What is the difference between an employee handbook and an employment contract?
Are employers allowed to pay different wages for the same job?
What is the difference between a salaried and an hourly employee?
How are bonuses calculated when employees are paid by the hour?
What type of records must employers provide regarding wages earned?
Are employers allowed to pay employees differently based on their job duties?
Are employers allowed to pay employees differently based on their experience?
What are the differences between compensatory time and paid time off?
What is the overtime threshold for salaried employees?
Are employers allowed to reduce an employee’s wages while they are on vacation?

What are the rules for paying overtime for salaried employees?

Related FAQs

Related Blog Posts