Did you know that not everyone who is on a salary is prevented from getting overtime compensation? While most people think that being on a salary means that they will get a certain amount of pay regardless of how long they work, the reality is that those who don’t earn over $684 weekly may still obtain overtime compensation, as of the 2020 Department of Labor rules.
The U.S. Department of Labor has set regulations to make sure that overtime is paid to certain salaried employees in order to prevent the abuse of salaried workers. The $684 weekly amount works out to around $35,568 annually, so all workers who earn a salary under this amount may still seek overtime pay.
Can you get overtime even if you’re in an exempt position?
Yes. Exempt employees should still get overtime so long as they meet the qualifications set by the U.S. Department of Labor. If they are “highly compensated” employees, which means someone who has an annual compensation of $107,432, including at least $684 weekly, work in an office or do non-manual work most of the time and regularly perform an exempt duty as a professional, administrative or executive employee, then employers don’t have to pay overtime. For highly compensated workers who earn less than that cutoff, it’s possible to receive overtime compensation.
Figuring out overtime can be a difficult task for salaried workers
It can sometimes be difficult to figure out how much overtime is appropriate for a salaried worker because these workers don’t regularly clock in or use timecards to track their hours. If you believe that you could fall into a category of people who should receive overtime, you need to keep track of your hours. If there is a voluntary timeclock system that you can use, you should at least clock in and out each day to keep the records straight. If not, keep track of your hours on paper.
If you are unsure if you should be receiving overtime, it may be valuable to speak with someone familiar with the U.S. labor laws. Many people are entitled to overtime but may not know it.