If finalized, the proposed change to the Fair Labor Standards Act (FLSA) salary level (to $679 weekly, or $35,308 per year) would make 1.1 million additional workers eligible for overtime benefits. When you hire employees on an hourly wage, whether it’s for a part-time or a full-time position, it means that they are non-exempt workers. Another thing you can do is go to some of the career websites and do a compensation study on your type of position in your area. Joshua wants to know how to negotiate salary. Set the stage for your request by expressing gratitude, then highlight your key accomplishments and contributions. But is such a move right for an employee? It would be a discussion. As with any new skill, the more you negotiate, the more you’ll improve and the easier it will become. In an employee participative, empowering work environment, the lines between salaried and hourly functions blur with respect to responsibilities. What is the Difference Between Hourly and Salary Employees? But, if you receive or seek an hourly to salary position, it's important to analyze the positives and potential negatives. Add the additional $2 to the employee’s hourly rate before converting to salary. Here’s how I do that:Take your hourly rate and multiply it by 2,080, which is the number of hours in a year if you work Dave says you negotiate it based on your worth to the company. Then, multiply by 1.5. ANSWER: I think you negotiate it based on what you are worth to the company. It’s not that you’re telling them what to do. So if you're an hourly employee who is moving to a salaried position, it's important to consider how this factor may impact your paycheck. More career advancement opportunities. These differences are in how their contracts are set up and by the way labor laws govern their wages. The job title is irrelevant here. Honestly, the way most positions are priced initially when you … If you are a valuable team member of mine moving from hourly to salary, it wouldn’t be a negotiation. Hello all! Now I know you're moving from salary with a %10 pad to salary without a 10% pad, but consider what other things you gain when making your decision. Although this isn’t one of the steps in salary negotiation or in creating a salary negotiation script, this is the first thing you need to keep in your mind. Avoid going into salary negotiations blind -- do your research and set your sights high because it's not just about the money you need to be successful. Is this fair to do or should I have her take the cut and risk her quitting? Hourly Pay. Consistent paycheck 2. Instead, you can negotiate up to $15,000 more per year with these insider secrets from Josh Doody, salary negotiation coach and author of Fearless Salary Negotiation. Union-represented employees often have protection for benefits such as their pension that exempt employees lack. Oh, and if you’re nervous, don’t be—the pluses of negotiating a starting salary significantly outweigh any perceived negatives. Negotiating a salary is normally the first one. “I am excited by the opportunity to work together.” Too often, people think of salary negotiation as a battle: you, trying to get as much as you possibly can, versus your employer, trying to stay within budget. He's moving from an hourly wage to salary. If someone did that with the right spirit in my office, that would go a long way. Negotiating your salary can be a touchy subject, but when done right, you just might be able to up the chances of getting the money you feel you … In either case, it’s a good idea to fire away with any insightful questions you might have—just be sure not to over-communicate. Moving from an hourly to salaried position could cause problems, but it may be open to negotiation with the employer. Get personalized money advice from a professional Dave trusts in your local area. Talk that through with them. If I were moving from salaried to salaried job, it would have been easier to judge the new offer. Funny enough, a lot of freelance workers never actually have this conversation. Honestly, the way most positions are priced initially when you start out in a new position is what you can be replaced for, meaning what the going rate of one of those people is. So let’s get down to haggling. Rule #1 of salary negotiation is this: Do not disclose your salary history or salary requirements. To come up with numbers that makes sense hourly job actions you can take to Reduce employee time?. Might also want to consider the non-monetary benefits of such a career-enhancing move package including available before... 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