Personal Finance

3809 readers

1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml

Converted from Nonexempt Salaried to Nonexempt Hourly (dmv.social)

submitted 8 months ago by Atyno@dmv.social to c/personalfinance@lemmy.ml

12 comments fedilink hide all child comments

As the title says, should I be concerned? I get the impression this is just a bureaucratic change (company doesn't want to deal with both salaried and hourly workers for timesheet reporting). But I'd like to make sure.

you are viewing a single comment's thread
view the rest of the comments

[–] odelik@lemmy.today 10 points 8 months ago* (last edited 8 months ago) (2 children)

Salary non-exempt guarantees you're paid at least the 40 hours a week + overtime.

I'd push back and say that this is a terms of contract change and get your peers to do the same.

Edit: I wouldn't be surprised if they do this and start reducing hours for various reasons. And from there it's reduction in benefits duce to not hitting certain hours. It's a pattern that's been seen in various industries before.

[–] jeffw@lemmy.world 9 points 8 months ago

Unless you’re in a union, there’s probably not much you can do when your employer wants to change your contract, other than quit.

[–] Atyno@dmv.social 2 points 8 months ago (1 children)

I'd assume you meant just the 40 hours right? As far as I can tell I could still get overtime since it's non-exempt either way.

[–] odelik@lemmy.today 10 points 8 months ago* (last edited 8 months ago)

No, what I mean is that salary guarantees you get @ least 40 hours of pay (assuming salaried full-time). If you show up for work and they send you home, as a salaried employee you still get paid. Or if you finish the alloted work for the week early, you still get paid for 40.

After all of that is when non-exempt comes into play with OT pay according to federal & state regulations and any contract guarantees that go above those regulations.