Sentences with phrase «new minimum salary»

If an employee will not meet the new minimum salary level, employers have the choice of either raising the employee's salary in order to meet the rule's new thresholds or reclassifying the employee as non-exempt.

Provided these employees meet the Salary Basis Test and the Duties Test for such exemptions, an employer may continue to classify these employees as exempt as long as such employee meets the Final Rule's new minimum salary level test.

«In our new contract, as of Dec 1, 2016 all postdocs will be paid at least NIH +2 steps on 2017 scale, so the new minimum salary will be $ 48,216 (Step 2 on the 2017 scale).

We will be increasing the researchers to the new minimum salary threshold and for the teachers we will be using the teaching exemption.

The DOL pulled back slightly in its final rules; the new minimum salary will be $ 46,475 per year or $ 913.00 per week.

Not exact matches

Those opting in to the new scheme will be able select what portion of their monthly salary to receive in bitcoin between a minimum of 10,000 yen (around $ 88) and a maximum of 100,000 yen ($ 882), according to coindesk.

This spring, he spent two weeks running the numbers and battling insomnia before making a dramatic announcement to his 120 - member staff on April 13, inviting NBC News and The New York Times to cover it: Over the next three years, he will phase in a minimum wage of $ 70,000 at Gravity and immediately cut his own salary from $ 1.1 million to $ 70,000 to help fund it.

Price decided to reduce his CEO salary from $ 1.1 million per year down to $ 70,000 per year and then (using some of the difference) established a new minimum wage of $ 70,000 in his company.

Growth in starting salaries for both permanent and temporary staff quickened for a second month during March, which the REC linked to the imminent introduction of a new, higher minimum wage.

The three members of a state board meeting in Albany to consider minimum wage increases for New York's fast - food workers say salaries should rise, though they haven't immediately determined how high and when.

Cuomo is stumping across New York pushing for a $ 15 - an - hour minimum wage — but a state entity run by his appointees, the Battery Park City Authority, just slashed salaries below his proposed «living» wage by booting its unionized park enforcement officers and outsourcing the work to a private firm, AlliedBarton.

Because the minimum wage is scheduled to go up by 70 cents per hour in New York State as of January 1 — with annual rises until it reaches $ 15 by 2022 — the salaries of employees making under $ 10.40 per hour have to be raised.

The others are a financing deal for a new $ 500 million Milwaukee Bucks stadium and how dramatically to change a prevailing wage law setting minimum salaries for construction workers on certain public projects.

On that same date, the first - year postdoctoral stipend of the National Institute of Health's Ruth L. Kirschstein National Research Service Awards (NRSA), currently pegged at $ 37,740, becomes the minimum salary for new hires.

The heralded new NRSA minimum exceeds by only $ 384 the average starting salary of this year's new general liberal arts graduates at the bachelor's degree level and falls $ 10,921 short of the average for all new college graduates, according to a survey by the National Association of Colleges and Employers, as reported by the Associated Press.

The departments are responsible for raising salaries to the new minimum or transferring the employee into a hourly position.»

11/05/2016: «Salaries for full - time postdocs will be increased to the new minimum.»

«all postdoc salaries at our institution will be raised to the new minimum effective 12/1/16.»

University of Notre Dame (Indiana): continuing plans to raise salaries for current postdocs; looking into whether to create a new standard salary minimum.

National Science Foundation: «In general, NSF postdoctoral fellowship programs already include a stipend or salary amount in excess of the new minimum announced in the Department of Labor's FLSA final overtime rule.

The new minima will apply to individual salaries / stipends only when a Postdoctoral Scholar is newly appointed, reappointed, or on the anniversary date for those Postdoctoral Scholars with multiple year appointments.

Districts will receive funds, roughly $ 300 per pupil annually, which can be used to raise the minimum teacher salary, improve entry into the profession for new teachers, fund leadership roles, hire additional teachers, and provide training and support to teachers in leadership roles.

Russell Hobby, general secretary of NAHT, said: «We note the concern today from the Royal College of Nursing that new rules on minimum salaries for workers from non-EU countries will have an adverse effect on healthcare.

Tier 2 offers worse benefits for new teachers: it has a higher minimum service requirement (up from five to 10 years, making it more difficult for new teachers to qualify for a minimum benefit), a higher normal retirement age (meaning teachers have fewer years to collect pension payments over a lifetime), a less generous pension formula (calculating the final average salary from the last eight years of service instead of just four), and a lower COLA.

Will Self's lament for the death of the novel earlier this summer has been cast into stark relief by «shocking» new statistics which show that the number of authors able to make a living from their writing has plummeted dramatically over the last eight years, and that the average professional author is now making well below the salary required to achieve the minimum acceptable living standard in the UK.

That's probably the bare minimum you'll want to buy to replace what you lived through college with (you'll have somewhere to eat and sleep other than the floor of your new home), and we're already talking almost a month's salary, or payments of up to 10 % of your monthly take - home pay over a year on a couple of store credit cards.

In fact, it is advisable for any new graduate not to attempt to establish credit until they have a savings account with a minimum week or two of salary in it.

It's no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median - priced home in each of the 50 states, and Washington, D.C.

These works portray actual Mexican immigrants struggling to survive in New York on minimum - wage salaries.

In a stark reversal, the U.S. Department of Labor recently backed away from defending in court new thresholds that raised the minimum salary that full - time white - collar employees must earn to be exempt from overtime pay.

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Recruitment Consultant Job Overview * Providing high levels of customer service to candidates and clients * Telephone and email marketing of company's service to prospect clients * Building relationships through Account Management of new and existing clients * Attending client visits across the UK * Searching and matching candidates to vacancies using our database and job boards * Reviewing candidate applications and suitability to a live vacancy * Telephone interviewing candidates * Write and advertise jobs online Recruitment Consultant Position Requirements * Self - motivated, strong work ethic with a positive attitude * A personal drive to be successful and ambitious * A minimum of 5 GCSE's (A * - C) including English Language and Maths (A Levels and Degree advantageous) * Proven written and verbal English language skills Recruitment Consultant Package * Salary # 15K — # 24K * Performance Related Salary Structure + Uncapped Commission Structure * Realistic OTE for Year 1 is # 22 - 28K, Year 2 is # 25 - 35K, Year 3 is # 30 - 50K + * Early Finish Incentive for Friday afternoons * Quarterly Performance Bonuses up to # 2000 per year * 20 days» holiday + 8 Bank Holiday + Paid Christmas Shutdown * Regular social events and annual high biller trips We, Bennett and Game Recruitment, a technical recruitment agency based in Chichester are acting as a Recruitment Agency in relation to this vacancy.

Hours 08:30 am - 5 pm, Monday to Friday Responsibilities: * Develop and manage client relationships in a competitive environment * Proactively and consistently strive to identify and obtain new business * Sourcing and attracting passive / active candidates within your sector * Managing the recruitment process from interview to offer * Negotiating contracts Successful applicants must have the following: * Minimum 2 - year recruitment experience * Proven track record of over achieving against objectives and targets * Target driven and willing to work hard to achieve your goals * Excellent communicator both written and verbal * Team player * Tenacious and resilient * Good time management and organisational skills An attractive salary & bonus will be negotiable depending on experience as a Recruitment Consultant.

Minimum requirements for this Recruitment Consultant — Graduate role • Identifying and developing new business • Souring and attracting prospective candidates • Managing recruitment process from interview to offer • Networking to building business development • Consulting clients on the recruitment process and responding their needs Benefits for this Recruitment Consultant — Graduate role • Competitive basic salary • Commission structure: • Hair cut discount • Lunch Clubs • Industry leading internal and external training • Team nights out and socials • Cycle to work scheme • Pension scheme

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If any of these employees» salaries fall below the new thresholds, employers have the option of either raising such employee's salary to meet the increased minimum salary levels, or an employer may choose to reclassify the employee to a non-exempt status.

Prior to the new Overtime Rule the minimum salary levels had not changed since 2004, over ten years ago, so the automatic update provision will ensure that the minimum salary levels keep pace moving forward.