Question
A classification of employee, salaried with fluctuating workweek, includes a fixed salary regardless of the number of hours worked. Agreed to prior to the workweek,
A classification of employee, salaried with fluctuating workweek, includes a fixed salary regardless of the number of hours worked. Agreed to prior to the workweek, the salary must cover the minimum wage for total hours worked. Overtime, in excess of 40 hours, is paid at an extra half rate.
Stephen Curry, a manager at Oracle Arena, earns $785 for a fluctuating workweek. For overtime work, one-half times the regular rate beyond the 40 hours is paid. 6 hours of overtime was worked. Fluctuating Hours=
1) Total Standard Pay $
2) Overtime Hours
3) Rate $
4) Variable Overtime Pay $
5) Fluctuating Workweek Gross Earnings $
6) Assume instead that Stephen's employer pays based on a 40-hour workweek. Again, weekly earning are $785 and 6 hours overtime were worked. Fixed Salary Hours$
7) Regular Total Pay $
8) Overtime Hours $
9) Rate $
10) Overtime Total Pay $
11) Fixed Salary Gross Earnings $
12) What would Stephen's gross earnings under a BELO plan be if the hourly rate was $16.15 per hour for a maximum 48 hours per week?
BELO Plan Gross Earnings $
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