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Compensation Questions and Answers

Compensation questions and answers regarding holiday and vacation page, first paychecks, last paychecks, minimum wage, overtime eligibility, unemployment eligiblity, and more common questions concerning compensation amd employee rights.

Am I Entitled to Holidays Off or Holiday Pay?
The Federal Government provides employees with nine paid holidays each year. Private sector employees may provide holidays off or holiday pay for working on a holiday, but they are not required to pay you extra for time worked on a holiday or give you a holiday off from work.

Am I Entitled to Severance Pay?
Severance pay may be given to employees upon termination of employment. However, companies are not required to provide severance pay.

Am I Entitled to Vacation Leave?
Federal law does not provide for vacation pay. The Fair Labor Standards Act (FLSA) does not require payment for time not worked, such as vacations, sick time, or holidays.

Can an Employer Cut My Pay?
Information on when and how much an employer can cut an employee's pay.

Can Employers Find Out How Much You Made at Your Last Job?
There are a variety of ways companies can verify salary history. Here's how companies can discover how much you earned.

Can I Opt Out of a Payroll Debit Card?
Information on payroll debit cards, including companies that offer payroll debit cards, the pros and cons, and how to opt out of getting paid with a debit card.

Do I Qualify for Unemployment?
Unemployment insurance benefits are available for workers who are unemployed through no fault of their own.

Does an Employer Have to Pay You for Unused Vacation?
Can an employer make you take your vacation or you'll lose it? Can you get paid for unused vacation time? Here's more on use it or lose it vacation policies.

Do I Qualify for Unemployment When Collecting Social Security?
Full unemployment insurance benefits are available for workers who are collecting social security except in two states where the amount of unemployment compensation is offset by some of the amount of social security benefits that are received.

How is Overtime Pay Calculated?
All non-exempt employees who work over 40 hours during work week must be paid at a rate of one and one-half the employee's regular hourly rate.

Do I Have to Work Overtime?
A question that many employees ask is whether they have to work overtime. In most cases, you do have to work the extra hours, but there some exceptions. Here's information on overtime requirements and pay.

How Much is an Employee Reimbursed for Using Their Own Car?
Information on how much an employee is reimbursed for using their own car for work.

How Do I Get Copies of My W-2 Forms?
If you don't have copies of your past W-2 forms you can ask your employer(s) for a copy or order copies of your past tax returns from the IRS.

How Much Do I Get Paid for Working on a Holiday?
Here's information on getting paid for working on a holiday, including the details on when employees are entitled to extra holiday pay.

How Much Do I Get Paid for Overtime?
Here's information on overtime pay, including which employees are eligible for overtime and how much they are paid.

What is Average Salary?
Information on the average salary for jobs, median salaries, and calculators for determining the average salary for occupations based on location.

Do I Get Paid for Bad Weather?
Do you get paid if your company closes because of bad weather or if you can't make it into to work because of a storm? Here's information on pay for bad weather days.

What is a Pay Cut?
A pay cut is a reduction in an employee’s salary. Pay cuts are often made to reduce layoffs while saving a company money during a difficult economic period.

How Much is Minimum Wage?
Minimum Wage - The current minimum wage, which employers are required to pay a minimum wage, and the federal and minimum wage for each state.

How Much is Minimum Wage in My State for 2013?
Here is a list of minimum wage rates for each state for 2013.

How Much is Minimum Wage in My State for 2014?
Here is a list of the current minimum wage rates for each state for 2014.

When Will I Get My Final Paycheck?
When you are about to leave your job, one of the questions you may have is when you will get your final paycheck. Here's information on when your last check will be issued.

What is Gross Pay?
Gross pay is the total amount paid to an employee over a given pay period before taxes or other deductions are taken out.

When Will I Get My Last Paycheck?
When will you receive your last paycheck if you resign or are terminated from your job? When you get your final paycheck depends on state law and on company policy.

What is a Pay Slip?
A pay slip, also known as a paycheck stub, is the document that itemizes what employees are paid. here's what included on pay slips and how to get copies of your pay stubs.

When Can a Company Can Cut Your Pay?
Information on when a company can - and cannot - cut your pay, reduce your hours, or otherwise lower your salary.

When Will I Get My Final Paycheck if I'm Fired?
When will you receive your final paycheck if you are fired from your job? When you get your final paycheck depends on company policy and state law.

Will I Get Paid for Working on a Holiday?
The Fair Labor Standards Act (FLSA) does not require payment for time not worked, such as vacations or holidays.

What is Minimum Wage?
Here's information how much the current minimum wage is, when employers don't have to pay minimum wage, and federal and state minimum wage rates.

What is a Signing Bonus?
A signing bonus, also called a sign on bonus, is money given to a new employee as an incentive for coming to work for a company.

When Will I Get Paid?
When you start a job, one of the questions you may have is when you will get your first paycheck. Here's information on payroll dates and when you can expect to get paid.

Can I Collect Unemployment When I'm Self Employed?
In most cases, self employed workers who lose their income are not eligible for unemployment benefits. If you're not sure whether you're eligible, check with your state unemployment office will determine your eligibility for unemployment compensation.

What is Minimum Wage?
Here's information how much the current minimum wage is, when employers don't have to pay minimum wage, and federal and state minimum wage rates.

What Happens To the Benefits Provided by my Employer If I Leave My Job?
What happens to the benefits provided by my current employer if I leave my job? That's a good question and one a lot of visitors to my About.com site ask. In fact, it's a question everyone should be able to answer before they resign from a job. It's also important to know if you've been terminated from employment.

Where Can I Cash a Paycheck?
Information on where to cash a paycheck, including locations with check cashing services, and what identification is needed to cash the check.

What is Pay in Lieu of Notice?
Pay in lieu of notice is wages paid or payable by an employer to an employee when they are laid-off without notice.

When Will I Get My First Paycheck?
When you receive your paycheck depends on the timing of the companies payroll. Employees typically receive a paycheck either weekly or bi-weekly.

Will I be Paid for Unused Vacation or Sick Time if I Resign From a Job?
Because companies are not obligated to provide paid vacation or sick time to employees, they are also not required to pay employees for unused leave time, unless there is a company policy and/or state law providing for payment when an employee resigns.

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