questions to ask when going from salary to hourly

The confident, direct (risky) approach “In my job search I’m focusing on roles in the $60,000 range, which is the going rate for people with my skillset and experience. I thought it was a good rule-of-thumb. How to Ask an Interviewee About Salary Expectations. As long as you're up for the extra work, there's no reason not to take the raise. My questions: Past pay: I was salaried 2013-2014 in a CSR tech support role. I averaged 5-10 hours of overtime per week on phones and emails. Compensation data According to a Department of Labor doctrine known as the Fair Labor Standards Act (FLSA), hourly employees eligible for overtime are classified as "non-exempt," while hourly workers ineligible for overtime pay are classified as "exempt. It’s also expected that you’ll have potential employees review their … Human resources manager and employee-relations expert Rebecca Goldbach says, "Everyone is born non-exempt. I lost them because, rather than carefully negotiating on a disappointing initial offer (see #2 above if you want to know what I … Typically, a move from hourly to salaried work comes with a promotion and additional responsibility. When hiring a new employee, it’s important to ask the right questions. But at some point, the interviewer is going to finish grilling you, turn the tables, and ask, “So, do you have any questions?” Asking good questions is important for several reasons: It shows you’ve prepared for the interview and truly care about the position. It's said you should always negotiate salary. If you are only willing to take the job if it meets specific salary requirements, ask for the salary information up front. When I was an employee, I was on the cusp of going from hourly to salary, and quite frankly, I'm glad I was able to avoid the uncomfortable conversation of declining a promotion. Then schedule an appointment to discuss it. I have been salary since before he purchased the company in 2005 and my job description has not changed - except for adding more duties because another employee quit. Value – ask them about their value to your company and what kind of sales numbers you can expect from them. 1. Because I was salaried, I was not compensated for this overtime, but now this salary to hourly change acknowledges that I should have been hourly during that period. Keep in mind, that if an employee does not meet the duties test and salary test , the employees are entitled to overtime for all hours over 40 each week, even if you agree mutually upon a salary. My base salary was $30k. If you are a 1099, you might think of your hourly rate as 1.5 * ( ( full-time annual salary ) / 2000). Are there any relevant state laws to consider? During the preliminary interview phase, recruiters might ask an interviewee about his salary expectations to determine whether to move forward. Some job offer questions you need to ask yourself first, so you're better positioned to negotiate with a potential employer. The way you ask about the salary can … On the other hand, if the employee is going to be working more than 40 hours a week regularly, it might be more cost-efficient to pay them a salary. For the former, an employer pays for each hour they have worked, including overtime pay (if they have done more than 40 hours per week or other contracted number). There’s a huge information imbalance when it comes to salary: Employers have the advantage of knowing the general range they’re willing to pay and what their overall salary structures are. "Non-exempt means that you are subject to the rules in the Fair Labor Standards Act (FLSA There are three categories of questions to ask. 1. If you’re not sure what questions to ask before accepting a job offer, the list below is a good starting point: Questions to Ask Yourself Before Accepting a Job Offer. We have successfully assisted clients through this entire process, guiding them through the beginning discovery and design to testing (including a plan to parallel test with frequency changes) to communicating with employees. So, let's say your hourly rate is $60/hour. For example, employers must pay hourly employees a minimum wage and must pay them overtime for each hour that they work over 40 per week, at the rate of 1 1/2 times their hourly pay. They want to be sure that your expectations are consistent with that budget before moving forward. The first group include questions you’d ask in any role to get a sense of how the company will judge your performance and what additional opportunities exist (such as bonuses and raises). There is a significant difference in payment between hourly and salary employees. Does this mean I will get paid overtime if … Can the company lower my wages if they switch me to hourly? Ask the Right Questions. There are some interview questions that are a given; we all know how to put a good spin on the classic greatest weakness question. For example, if you pay your employee $12 per hour, the overtime rate is $12 x 1.5 or $18. Smart questions to ask during salary negotiation Most of us aren't natural negotiators, but asking these 10 questions during salary negotiations can help you get everything you deserve. How, exactly, are you supposed to know what salary you should ask for? 5. Know your salary requirements. 3. Question #1: “What Is the Ramp-up Period for New Sales Reps?” Knowing what to expect from the base salary of the sales position is important, but understanding the commission structure will give you a better idea of what your income will look like. At some point during the interview process, you will likely be asked about your salary or compensation expectations—that is, how much you would like to earn in this job.. My flex salary was 40 hours is $650 & 50 hours is $715. If an employer changes the compensation structure from salary payment to hourly payment, he must abide by all laws that govern the hourly pay of employees. If a person has a salary of $75,000 / year, and they work on average 35 hours per week, their hourly take home pay is (75,000 / (35 * 52)) = $41.21 / hr. First, know what you’re up against. 1. Preparation – ask them how they prepare for a sales meeting, or for this very interview you are hosting. How do we convert from salary to an equivalent hourly wage? you got yourself a raise. 1. When you have them on the ropes, they may be more likely to make concessions in this area. An hourly position is considered nonexempt, while a salary position can be exempt. Whenever I've looked at doing work under a 1099 agreement, I've asked for 25-30% more than as a W-2. Hourly versus salary. 2. Once an employee is classified as “exempt” switching from salary to hourly in same work week may jeopardize the “exempt” employee status. I have a few questions. Here are a few tips to help you discuss salary without offending anyone. To get the best deal, you need as much information as possible. How to ask about salary in an interview. Just to be clear, you don’t need to ask all of these questions when negotiating your salary. If finalized, the proposed change to the Fair Labor Standards Act (FLSA) salary level (to $679 weekly, or $35,308 per year) would make 1.1 million additional workers eligible for overtime benefits. In order to comply with the US Dept of labor my employer is moving us from Salary exempt to hourly non-exempt. 6 Questions to Ask When Evaluating Salary Surveys 1. In most cases, the company has budgeted a pay range for the role. Ask about salary as soon as possible so you don't waste your time. 1. If you decide you want — or need — to discuss salary after your first round of interviews, you'll want to do so with tact. Typically, the agency "presents" me at a given hourly rate that we set before they even suggested a job to chase (in this case, I suggested a … To determine the overtime rate for salaried employees, divide the weekly salary by the usual number of hours worked to get the hourly rate. Salaried employees receive overtime pay just as hourly employees do, but the rate is simply calculated differently. I couldn't help but wonder if the extra money was worth it because I was in a similar position not long ago. How will it affect me? Salary non-exempt combines the best of both side. Authenticity – ask them about their true self, or a time they had to stay true to their own values. Hourly vs. Salary. Is the data current or will you need to age it? I've seen this elsewhere here on AskMe, but can't find a link. Hourly vs. Salary Pay . Based on our experience, here are the top twelve questions you need to ask before making a pay frequency change. Here are some examples of how you can diplomatically ask awkward questions about salary and other benefits. Ask about the salary range of a job either when you first talk to a recruiter or during your first interview. "According to the U.S. Department of Labor's Wage and Hour Division, employees considered "exempt" must satisfy the … So here are the deeper questions you need to ask employers before taking a new sales job. Do you feel like this is a good or bad move? However, paid days off I'd use to receive $16.25, being my base pay an hour. Data Need: The marketplace is changing more quickly than ever before. If the employer can’t offer you a higher starting salary, you may still be able to negotiate better benefits. 3. Hourly rate vs. monthly salary. If you’re paid hourly as a contractor, you may need to convert that hourly pay into a salary so you can compare to a full-time salary. As a result, some employers may choose to reclassify salaried employees earning less than that to hourly. Divide the salary by the number of hours worked. However, not all salary positions are exempt. Here’s how I do that: Take your hourly rate and multiply it by 2,080, which is the number of hours in a year if you work 40 hours a week for 52 weeks. Before you ask about salary, determine your ideal salary range. If you don't bring up the issue of salary early in the process, you may not find out … My job is switching me from flex salary to hourly. That would make a comparable salary of $80,000. You’re Going to Decline Unless the Salary Is Higher I’ve lost a candidate or two after they were offered the job at a salary lower than they were hoping for. My employer is talking about switching me from salary to hourly. I currently make around 56k salary. ... you’re going to be stuck with your starting deal for a while—so make it a good one. However, I'm looking at some contract-to-hire type positions through a staffing agency. There are a few reasons employers ask this question. 5 salary questions you must ask during a job interview. Salary.com has plenty of resources to help you out. Here is a handy list. 4. When converting an employee from hourly to salary, follow the Fair Labor Standards Act (FLSA) guidelines to determine whether they are newly exempt. If you kept the same hourly rate, and you are receiving just about any benefits (like, paid vacation, health insurance, etc.) The Best Way to Answer Salary Interview Questions - read this article along with other careers information, tips and advice on BioSpace Even though you may have gone through a phone screening that involved answering questions about salary, the subject may come again as the interviewer becomes more interested in hiring you. Are a few reasons employers ask this question, know what salary you should ask for $ 18 a! 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