Indiana Clawback Guaranty
Description
How to fill out Clawback Guaranty?
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FAQ
Exempt Deductions In general, if a salaried exempt employee performs any work in a week, he must receive his full salary. If he does no work in a particular week, you do not have to pay him for that week. He must also receive a full day's pay when he takes a partial day off.
Yes. Unless covered by a collective bargaining agreement or other form of pay guarantee, an employer can change an employee's rate of pay as long as the reduction does not bring an employee's wage below the applicable federal or state minimum wage.
Indiana payment laws Indiana employers are required to pay wages to their employees at least two times a month. In addition, regular paydays need to be scheduled no later than 10 days after the end of a pay period for which the wages are due.
Indiana employers are legally mandated to compensate their employees at least bi-monthly. Additionally, they are required to schedule regular paydays within a maximum of ten days following the conclusion of a pay period for which wages are owed.
If an employer has overpaid an employee, the employer may deduct from the wages of the employee the amount of the overpayment. An employer must give an employee two (2) weeks notice before the employer may deduct any such overpayment of wages from the employee's wages.
If an employee is exempt from FLSA and any state, local, or union overtime laws, then it is legal to work 60 hours a week on salary. Some employers do pay exempt employees for overtime work through time-and-a-half, bonuses, or extra time off.
The minimum salary for bona fide exempt administrative, professional, and executive employees in Indiana is $684 per week when paid on a salaried basis.In Indiana, salaried workers are exempt from minimum wage and overtime requirements if they earn over $150 a day and their job duties including the hiring and ...
If you're paid by the job, by commission or by any other calculation, your reasonable and usual calculations for payment are wages under Indiana law. Both during your employment and when your employment ends, your employer must pay you the commissions that you've earned for your work.