HRM

US salary compensation and examples

A FLSA covered enterprise is the related activities performed through unified operation or common control by any period or persons for a common business purpose and is an activity or a public agency.

US salary compensation and examples

HRM Advanced course

So now we will take some examples of US salary calculation:

Example 1. Arnold Jones is a salaried nonexempt employee and earns $632,00 per year. Forrest worked 10 hours of overtime and earned bonus $300. What is his gross pay for the week?

$1,201
$2,403
$1498
$5,208

Answer: Total salary: $632,00

No. of weeks/ year: 52

Arnold was paid per week = 632,00/52

Employee salary per week = 1198

Gross pay earned = 1198+300 = 1498

Data analysis level 2

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