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Employee Handbook
Employee Handbook -> Policies & Procedures -> Employee Categories for Compensation Purposes
Employee Categories for Compensation Purposes

Salaried Exempt Employees are those employees whose compensation is based upon an established annualized salary. Salaried employees who work a partial month are compensated on a percentage basis using the number of days worked or on approved paid leave divided by the number of work days available in that month. The resulting percentage is multiplied by the monthly salary. This provides the gross pay for the partial month.

Salaried Non-Exempt Employees are those employees whose compensation is based upon an established monthly salary. This wage is determined by multiplying the hourly rate times 2080 work hours per year. The resulting annual salary is then divided by 12 to produce a monthly rate. Salaried non-exempt employees who work a partial month are compensated on a percentage basis using the number of days worked or on approved paid leave divided by the number of work days available in that month. The resulting percentage is multiplied by the monthly salary. This provides the gross pay for the partial month. Payment for overtime is based on the hourly rate.

Hourly Non-Exempt Employees are those employees whose compensation is computed upon the basis of an hourly rate. Hourly employees who work a partial month are compensated based on the number of hours worked or on approved paid leave.

 

 

 
St. Edward's University LogoSt. Edward's University
3001 South Congress Avenue
Austin, Texas 78704
512-448-8400
Contact: Billy Bambrey
Updated: 03/30/2008
© 2003, St. Edward's University