I was offered a managerial job with a contract to work 50 hours per week for an annual salary of $35,000. Would this make me exempt from overtime pay when the new law kicks in?
Rita Risser replies:
No. The new law sets the standard salary level at the 40th percentile of earnings of full-time salaried workers in the lowest-wage Census Region, currently the South ($913 per week; $47,476 annually for a full-year worker). What this means is that they would have to pay you overtime for those 10 extra hours.
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