Overtime Pay: 80% of American Employees are Entitled. Are you?
Sklover Working Wisdom
MAY 22, 2012
Over her four years with the company, her weekly salary rose to $2,200, which yielded Melanie a yearly income of $114,400. . For severance, Melanie was offered four weeks salary, that is, one week for each of her years with the company, for a total of $8,800. FLSA’s coverage includes hourly and salaried employees, and there is no strict income limit on eligibility, as explained below. times the minimum wage. “I’ve got all the money I’ll ever need.