Salaried vs. Hourly Hiring

Compliance issues aren’t the most exciting part of the hiring process, but it’s so important to get these details right because they can end in costly, time-consuming legal battles if they’re not. When determining if an employee should be paid hourly or salaried, there's a few key considerations you have to make. I break down the differences between paying someone a salary versus paying someone an hourly pay rate and explain why it's crucial to be clear about that decision before hiring a full-time W2 employee. I get into what non-exempt and exempt employees are, how you can qualify for an exempt-level role, and I also share examples of local laws when it comes to minimum payment requirements. IN THIS EPISODE, I TALK ABOUT:What it means when an employee is eligible for overtime pay, and any state or local mandatory rest and meal breaksThe five exemption categories Figuring out the job duties and the scope of the job to make sure that you can prove that it qualifies as an exempt role Paying attention to federal, state, and local minimum wage requirements, especially for remote workers Timetable requirements for hourly employees CONNECT WITH JACKIEFollow People Principles: @peopleprinciplesLet’s TikTok: @peopleprinciplesLearn more: peopleprinciples.co