yes, any overtime is included in gross salary
Soccer players are paid salary, and don't necessarily work a standard 40-Hour week. However, with all of the travel that is required, it can be argued that they do work a lot of overtime.
Unfortunately if your position has a set salary and you are not a hourly paid employee than you are not entitled to being paid for overtime, even in the state of Colorado.
Yes since most are buried in cases and on salary-they just don't get paid for it
The beginning salary of a doctor is 65,000 dollars a year. This money can go up quickly if they move to larger hospital, work overtime or are promoted.
Generally no. A person who is correctly identified as exempt from the overtime provisions of the Fair Labor Standards Act (FLSA) does not have to be paid overtime regardless of the number of hours worked.
If you are on a salary income, you are never working for free if your work is within the scope of your written or oral employment agreement. With a salary, you are paid periodically on a yearly rate with the idea that you work as long as necessary to get the work done. You are not paid by the hour and you may not be eligible for overtime payments.
40 is the usual overtime is not an option.
That depends entirely upon your actual salary. When you start working overtime (that means anything beyond your regular 40 hours per week), then your employer is expected to start giving you overtime pay. Generally, overtime pay is simply your regular salary multiplied by 1.5. An example: Regular salary: $20/hour 20 x 1.5 = 30 Overtime pay: $30/hour of overtime.
That depends entirely upon your actual salary. When you start working overtime (that means anything beyond your regular 40 hours per week), then your employer is expected to start giving you overtime pay. Generally, overtime pay is simply your regular salary multiplied by 1.5. An example: Regular salary: $20/hour 20 x 1.5 = 30 Overtime pay: $30/hour of overtime.
Employees on a yearly salary are exempt from overtime laws.
A salary employee means that you are paid a yearly salary, not an hourly or weekly salary. Although you may be paid weekly or bi-monthly, etc, the amount is a prorated per payday. A salary employee, in most cases, does not get paid overtime, although they may be required, or even expected to do overtime.