Summary of Overtime for Commissioned Financial Business Employees

The monetary solutions industry, in addition to home loan industry in specific, has a tendency to spend workers by payment. This is certainly especially real for product product sales type jobs, such as for example home loan loan officers. A guaranteed salary of $455 per week although federal regulations allow employers to exempt financial service industry workers from overtime, financial service employers must pay the white collar workers. Because of this, companies whom only pay commissions and do not guarantee an income must spend loan officers and employees that are similar overtime. Continue reading →