Hi there,
If the minimum salary requirement for my Labor were to be 75K and if I were to be on unpaid leave or be out of a job for some time as a result of which my W2 will not reflect the minimum salary but would reflect 70K instead, then would I be in trouble? The payrate on my paystub reflects the correct pay rate required to make 75K (in fact it is much more), but the W2 will not reflect that since I lost some pay cycles.
Would it cause me problems since my W2 is not showing the minimum labor requirements for wages but then my pay rate is meeting the requirements for the minimum salary?
Please respond urgently.
Regards,
TightWait
If the minimum salary requirement for my Labor were to be 75K and if I were to be on unpaid leave or be out of a job for some time as a result of which my W2 will not reflect the minimum salary but would reflect 70K instead, then would I be in trouble? The payrate on my paystub reflects the correct pay rate required to make 75K (in fact it is much more), but the W2 will not reflect that since I lost some pay cycles.
Would it cause me problems since my W2 is not showing the minimum labor requirements for wages but then my pay rate is meeting the requirements for the minimum salary?
Please respond urgently.
Regards,
TightWait