Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
Day rate drivers or exempt employee OVERTIME
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="STFXG" data-source="post: 3870101" data-attributes="member: 41750"><p>I pay all my drivers salary + OT. Simplifies payroll since I operate vehicles above and below the 10k threshold. It’s a pretty easy calculation and I’ve been vetted by FedEx legal. </p><p>Example: </p><p>$150 daily salary</p><p>50 hours worked over 5 days</p><p>5*150=750 base salary</p><p>750/50=$15 effective hourly rate</p><p>15/2=7.5 OT Rate</p><p>50-40=10 OT Hours</p><p>10*7.5=$75 OT pay</p><p>750+75=$825 Total Pay</p><p></p><p>That’s the calculation for a 40 hour work week state. Same concept if it is an 8 hour day state, just more work to calculate. As long as you are paying above minimum wage and have stated in your employee handbook that the salary is based on any hours worked then it is legal.</p></blockquote><p></p>
[QUOTE="STFXG, post: 3870101, member: 41750"] I pay all my drivers salary + OT. Simplifies payroll since I operate vehicles above and below the 10k threshold. It’s a pretty easy calculation and I’ve been vetted by FedEx legal. Example: $150 daily salary 50 hours worked over 5 days 5*150=750 base salary 750/50=$15 effective hourly rate 15/2=7.5 OT Rate 50-40=10 OT Hours 10*7.5=$75 OT pay 750+75=$825 Total Pay That’s the calculation for a 40 hour work week state. Same concept if it is an 8 hour day state, just more work to calculate. As long as you are paying above minimum wage and have stated in your employee handbook that the salary is based on any hours worked then it is legal. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
Day rate drivers or exempt employee OVERTIME
Top