Q: Is My Signed Non-Exempt Employment Agreement Enforceable?
I just started working for a company and after one day of work, they then had me sign a Non-Exempt Employment Agreement. This agreement touches on certain bullet points such as performance review conductions, non-compete, hour rate etc.
My question concerns the very first bullet point within the agreement which states as follow: "Company will employ employee in position of "Redacted Position", which is a hourly non-exempt position under the DOL commencing on "Date", at the hourly rate of $41,600.00. Wages will be paid bi-weekly. Employee will receive all benefits applicable to Company administrative employees as outlined in the "Handbook".
According to this, my hourly rate is $41,600.00. Are they legally bound to pay this rate according to this agreement?
It sounds like a typo to me. That’s probably an annual salary.
I’d bring the amount to the attention of the HR dept or person and ask for clarification. I don’t think a reasonable person would rely on that as an actual hourly pay rate without such clarification.
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