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Eight Factors That Can Affect Your PayYears of experience. Typically, more experience results in higher pay up to a point.Education.Performance reviews.Boss.Number of reports.Professional associations and certifications.Shift differentials.Hazardous working conditions.
Mississippi has no minimum wage law. That means eligible employees in Mississippi are entitled to either federal minimum wage (currently $7.25 per hour) or any local (city or county) minimum wage law that is on the books, whichever wage rate is higher.
Mississippi labor laws do not require employers to provide employees with severance pay. If an employer chooses to provide severance benefits, it must comply with the terms of its established policy or employment contract.
You also have the right not to engage in conversations or communications about your wages. When you and another employee have a conversation or communication about your pay, it is unlawful for your employer to punish or retaliate against you in any way for having that conversation.
Tip Credits The federal minimum wage is $7.25 per hour and the minimum wage in Mississippi is the same. Mississippi does allow employers to take a tip credit and, therefore, must pay tipped employees at least $2.13 per hour. The tip credit an employer may take is a maximum of $5.12 per hour.
Mississippi Law Doesn't Require Meal or Rest Breaks In other words, although breaks are not required, employers must pay employees for time they spend working and for shorter breaks during the day.
Most workers in Mississippi are entitled to overtime pay when they work more than 40 hours per week. In certain circumstances, however, there are exceptions.
While many states have labor regulations specifying the timing and duration of meal breaks that must be provided to employees, the Mississippi government has no such laws.
Use these six steps to determine a pay rate for new employees.Write a job description. A job title isn't enough.Consider experience and training. Determine the minimum experience and education necessary for the position.Check out industry rates.Factor in benefits and perks.Set a salary range.Be flexible.
5 essential factors for determining compensationYears of experience and education level. It probably goes without saying, but the more experience and education a candidate has, the higher their expected compensation.Industry.Location.In-demand skill sets.Supply and demand.