{"id":205,"date":"2011-09-26T15:12:40","date_gmt":"2011-09-26T15:12:40","guid":{"rendered":"https:\/\/www.fslawfirm.com\/blog\/?p=205"},"modified":"2011-09-26T15:12:40","modified_gmt":"2011-09-26T15:12:40","slug":"are-commisisoned-employees-entitled-to-minimum-wage-and-overtime","status":"publish","type":"post","link":"https:\/\/www.fslawfirm.com\/blog\/2011\/09\/are-commisisoned-employees-entitled-to-minimum-wage-and-overtime\/","title":{"rendered":"Are Commisisoned Employees Entitled to Minimum Wage and Overtime?"},"content":{"rendered":"

Generally, the answer is yes.\u00a0 Common industries where commissioned employees are not paid properly include account executives and mortgage loan officers.<\/p>\n

1. Account Executives- these employees are typically paid salary plus commission.\u00a0 In that regard, account executives are entitled to overtime pay if they work over 40 hours a week.\u00a0 The reason is simple: Account Executives do not exercise discretion and independent judgment regarding matters of significance.\u00a0 An Account Executive cannot decide how much to sell the product for, they simply follow sales guidelines that they are told.\u00a0 A lawsuit was recently filed against online retailer Groupon for failing to pay its Account\u00a0 Executives Overtime.<\/p>\n

2. Mortgage Loan Officers-\u00a0 Many Mortgage Loan Officers are paid commission only, or a draw against commissions.\u00a0 These employees are entitled to minimum wage in weeks where so transactions are made.\u00a0 In weeks where commissions are earned, Mortgage Loan Officers are entitled to premium overtime pay if they work over 40 hours per week.\u00a0 Again, these employees do not exercise discretion and independent judgment, as they simply follow company guidelines and protocols.\u00a0 A jury verdict was just reached against Top Dot Mortgage for failing to pay minimum wage and overtime to Mortgage Loan Officers.\u00a0 The jury verdict was over $9 million, making it one of the largest wage and hour verdicts.<\/p>\n","protected":false},"excerpt":{"rendered":"

Generally, the answer is yes.\u00a0 Common industries where commissioned employees are not paid properly include account executives and mortgage loan officers.
\n1. Account Executives- these employees are typically paid salary plus commission.\u00a0 In that regard, account executives are entitled to overtime pay if they work over 40 hours a week.\u00a0 The reason is simple: Account Executives do not exercise discretion and independent judgment regarding matters of significance.\u00a0 An Account Executive cannot decide how much to sell the product for, they …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-205","post","type-post","status-publish","format-standard","hentry","category-employment-law"],"yoast_head":"\nAre Commisisoned Employees Entitled to Minimum Wage and Overtime? - New York Employment Lawyer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fslawfirm.com\/blog\/2011\/09\/are-commisisoned-employees-entitled-to-minimum-wage-and-overtime\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are Commisisoned Employees Entitled to Minimum Wage and Overtime? - New York Employment Lawyer\" \/>\n<meta property=\"og:description\" content=\"Generally, the answer is yes.\u00a0 Common industries where commissioned employees are not paid properly include account executives and mortgage loan officers. 1. Account Executives- these employees are typically paid salary plus commission.\u00a0 In that regard, account executives are entitled to overtime pay if they work over 40 hours a week.\u00a0 The reason is simple: Account Executives do not exercise discretion and independent judgment regarding matters of significance.\u00a0 An Account Executive cannot decide how much to sell the product for, they ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fslawfirm.com\/blog\/2011\/09\/are-commisisoned-employees-entitled-to-minimum-wage-and-overtime\/\" \/>\n<meta property=\"og:site_name\" content=\"New York Employment Lawyer\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FSLawFirm\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-26T15:12:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fslawfirm.com\/blog\/wp-content\/uploads\/2015\/01\/FSLaw_Logo_Blue_FB.png\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"bschaffer\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"bschaffer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.fslawfirm.com\\\/blog\\\/2011\\\/09\\\/are-commisisoned-employees-entitled-to-minimum-wage-and-overtime\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fslawfirm.com\\\/blog\\\/2011\\\/09\\\/are-commisisoned-employees-entitled-to-minimum-wage-and-overtime\\\/\"},\"author\":{\"name\":\"bschaffer\",\"@id\":\"https:\\\/\\\/www.fslawfirm.com\\\/blog\\\/#\\\/schema\\\/person\\\/749a268f980a6cee82fa2f713ef54852\"},\"headline\":\"Are Commisisoned Employees Entitled to Minimum Wage and Overtime?\",\"datePublished\":\"2011-09-26T15:12:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fslawfirm.com\\\/blog\\\/2011\\\/09\\\/are-commisisoned-employees-entitled-to-minimum-wage-and-overtime\\\/\"},\"wordCount\":220,\"publisher\":{\"@id\":\"https:\\\/\\\/www.fslawfirm.com\\\/blog\\\/#organization\"},\"articleSection\":[\"Employment Law\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fslawfirm.com\\\/blog\\\/2011\\\/09\\\/are-commisisoned-employees-entitled-to-minimum-wage-and-overtime\\\/\",\"url\":\"https:\\\/\\\/www.fslawfirm.com\\\/blog\\\/2011\\\/09\\\/are-commisisoned-employees-entitled-to-minimum-wage-and-overtime\\\/\",\"name\":\"Are Commisisoned Employees Entitled to Minimum Wage and Overtime? 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