I had a question about the implications of being a salaried exempt employee, and the practical application of this employment status from an HR/timekeeping perspective.
I am a salaried employee, paid semi-monthly, so my salary is divided by 24, and my paycheck is consistent with that amount each time, regardless of how many working hours fall within the pay period (80, 88, 96, etc). This is in line with my understanding of what being an exempt salaried employee means.
As a salaried employee, the part that seems incorrectly implemented is my company's timekeeping system. For a given pay period (lets say it contains 88 hours), it requires us to account for all 88 hours, thru a combination of actual worked hours or pto, training, etc. If we do not account for all hours (88 in this case) for the pay period, the system won't allow us to submit it.
That means that there isn't a scenario under which a salaried employee can account for less than the pay periods hours and still be paid the same amount, which is what I thought being salaried meant. On the flip side, in situations where I have worked a few more hours than the pay period contained, my paycheck was the same amount.
Am I wrong in thinking that, as a salaried employee, we should be allowed to submit fewer hours than the pay period includes?