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Article #472

Re: Minimum Hourly Wage for Computer Professionals?

#472
From: snevel+usenet
Date: Wed, 27 Nov 2002 06:43
37 lines
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In ba.internet Bhoot Nath <deja_bhoot2000@yahoo.com> wrote:
> From http://www.caltax.com/News/NewsDetail.cfm?DocID=340

>    "On January 1, 2003, the new hourly minimum rates that employers
>     must pay to certain computer professionals if they are to be
>     exempt from overtime will increase 2.2 percent, from $42.64 to $43.58.
>     The rate is adjusted annually by the California Department of
>     Industrial Relations (DIR) to reflect changes in the California
>     Consumer Price Index."

> Almost all computer jobs in Silicon Valley are classified as "exempt"
> (i.e., no overtime). Does this mean that the minimum yearly salary should
> be $43.58/hour * 40 hours/week * 52 weeks/year = 90K? Many, many exempt
> computer people are paid less than $90K.

this is not a "minimum" wage for programmers, it relates to the wage you 
must earn in order to be classified as exempt.

Actually, you CANNOT legally be classified as exempt as a computer 
professional if you make less than the stated hourly wage, currently 
$42.64 per hour.

I just started a new job and was hired on as exempt.  Just last week they
re-classified me as non-exempt because they weren't paying me enough.

It doesn't mean much except that I can get overtime now.

I can post the exact code section that this relates to if anyone's 
interested.  It's at work, so it'll have to wait till tommorrow.

Simeon

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From: snevel+usenet@sonic.net
Subject: Re: Minimum Hourly Wage for Computer Professionals?
Newsgroups: sbay.general,ba.general,ba.internet,misc.taxes
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