CHFM Finance and Administration 59 Exam Questions With 100% Correct Answers.
What does the acronym FTE stand for? - ️️Full Time Equivalent What are the number of hours that make up an FTE? - ️️40 hours per week; 2080 hours per year 40 hours per week x 52 weeks = 2,080 hours What are budgeted hours? - ️️Budgeted hours are estimated hours that an employee works per pay period in a particular assignment restricted by the planned expenditure for a fiscal year. How is overtime defined? - ️️Overtime is defined as greater than 40 hours per week or greater than 2,080 hours per year. Who is eligible for overtime under the Fair Labor Standards Act (FLSA)? - ️️Non-exempt Employee Exempt employee (salaried, not eligible for overtime) Non-exempt employee (eligible for overtime) eligibility, recordkeeping and child labor standards affecting full-time and part-time workers The Fair Labor Standards Act (FLSA) is a federal law which establishes minimum wage, overtime pay sector and in federal, state and local governments. What is the definition of productive - ️️Productive time includes actual hours worked. This includes training hours, overtime hours, meeting time, work order entry time, field service work, etc.
Información del documento
- Subido en
- 8 de marzo de 2024
- Número de páginas
- 10
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
