Business Standard

Managerial Pay

You're promoted as 'manager'. Forget about overtime pay

Federal law requires employers to pay time-and-a-half overtime to hourly workers after 40 hours, and to most salaried workers whose salary is below a certain amount, currently about $35,500 a year

You're promoted as 'manager'. Forget about overtime pay
Updated On : 09 Mar 2023 | 1:03 AM IST

Managerial pay: Stricter norms for defaulting companies, says govt

The provision is part of the amendments to the Companies Act which were cleared by Parliament last month

Managerial pay: Stricter norms for defaulting companies, says govt
Updated On : 08 Jan 2018 | 6:13 PM IST