Alaska Sample Letter for Subdivision Construction
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FAQ
Under Alaska law, employers must pay employees at a rate of one and one-half the employee's straight-time wage for working more than eight hours per day or 40 straight-time hours per week. Employers cannot give an employee ?comp time? instead of overtime pay.
Wages and breaks The minimum salary threshold for exempt employees is $868 per week (which equals $45,136 per year).
What is the minimum wage in Alaska? The minimum wage in Alaska was $10.34 throughout 2022 and will increase to $10.85 on January 1, 2023. Notably, Alaska does not allow a tip credit against the state's minimum wage. In contrast, many states allow employers to pay tipped employees a lower cash wage.
Ing to Alaska prevailing wage law, overtime is paid for hours worked in excess of eight hours per day and forty regular or straight-time hours per week. Overtime compensation is one and a half times the regular rate of pay.
1. What is the Little Davis-Bacon Act? The Little Davis-Bacon Act (LDBA) is a set of state laws in Alaska Statutes Title 36 that establishes minimum wage and associated requirements for labor on public construction contracts awarded by the State of Alaska or a political subdivision of the state that exceed $25,000.
