how much do you have to earn to be considered a salary employee
A salary is generally expressed as an amount paid per week, per month or per year. To qualify for exemption under the Regulations, Part 541, an employee must earn the minimum required salary of $455 per week exclusive of board, lodging or other facilities..
The employee must receive the full salary of at least $455 per week if paid on a weekly basis. If the employee is paid every two weeks (bi-weekly), the minimum salary required is $910.00. If the employee is paid twice a month (semi-monthly), the minimum salary required is $985.83.
A salary basis is a minimum amount a salaried worker is entitled to receive based on overall job duties. The minimum amount a salaried manager is entitled to receive is $455 per week. A nonsalaried manager's pay cannot be less than the federal minimum wage of $7.25 per hour. Nonsalaried managers who perform certain computer-related duties may be entitled to a pay rate of at least $27.63 per hour.