Part of the posting asks applicants to submit their desired salary should they get the job.
Ashley works 40 hours a week and is paid a weekly salary for those 40 hours. As a covered, nonexempt employee, Ashley must be paid a minimum weekly salary of $290 in order to meet the statutory minimum wage requirement. The minimum wage does not always have to be paid in monetary terms. For example, you can pay some or all of it in room and board. One option is to state that your salary requirements are negotiable based upon the position and the overall total compensation package, including benefits. Another alternative is to include a range, based on the salary research you've done, i.e. my salary requirement is in the $35,000 - $45,000 range. Minimum base salary is a term used when an organization's pay schedule includes ranges for each position. For example, if a company advertises a marketing position with a salary range of $40,000 to $47,000, the minimum base salary is $40,000. A job applicant knows that he'll be paid at least that amount. When companies list a pay range, they typically base the salary offer on a candidate's education and background. 1 If your state's minimum wage is higher than the federal minimum wage, and you are subject to both federal and your state's wage and hour laws, you must abide by the state's law. 2  If you're not subject to federal minimum wage law, this does not mean that you are also exempt from state minimum wage requirements. Jupiterimages/Photos.com/Getty Images. The expression salary requirement is most often used by an employer in soliciting applicants for a job opening. A request for salary requirements as part of the posting asks applicants to submit their desired salary should they get the job. Too High or Too Low. A basic purpose of asking applicants for salary requirements is to use the response as part of the initial screening process.
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what does minimum salary requirement mean