Texas Employee Repayment Agreement

A study estimates 213% of the annual salary for jobs requiring a higher level of education and specialized training. [2] This means that an employee who earns $80,000 a year can cost the company between $40,000 and $170,400 in revenue costs. Federal and state laws require employers to pay $7.25 per hour to almost all employees. An employer must pay at least twice a month (semi-annually) the salary of any worker who is not exempt from overtime pay. If salaries are paid twice a month, each salary period must be composed at best of an equal number of days. An employer must pay at least once a month a worker exempt from overtime. . . .