FSLA classifies employees as "exempt" or "non-exempt." You may have encountered these words in job advertising or overheard them in conversation. Don't worry if you're not sure what they signify. Understanding labour regulations may be difficult, especially if you are new to the job. In t...
It is the character and content of the work, not the job title, that ultimately determines whether an employer classifies an employee as exempt or non-exempt. Exempt employees earn a salary instead of an hourly wage and typically work in high-level, managerial, specialized positions. For exampl...
Even if an employer properly classifies an employee as exempt, state and federal laws can change – for example, the minimum salary threshold can increase – rendering a previously and properly classified employee, misclassified. The decision to reclassify an employee from exempt to non-e...
A statutory employee is a worker who is classified as an employee by statute. These statutes detail working conditions that can only be done by employees. Even if the employer classifies the worker as an independent contractor, the law treats the worker as an employee. Employers of statutory ...
organizations choose to have each employee record how they spend their time within a pay period. The nonprofit can then calculate the average amount of time each employee spends working on its programs, management and fundraising. That information can then be used to allocate costs on an annual ...
TheFair Labor Standards Act (FLSA)guarantees employees certain rights, like overtime, depending on their classification status. Outline what classifies an employee as full-time, part-time, or contracted, and what benefits you’ll offer at each classification status. ...
Developed later, statistical NLP automatically extracts, classifies and labels elements of text and voice data and then assigns a statistical likelihood to each possible meaning of those elements. This relies on machine learning, enabling a sophisticated breakdown of linguistics such as part-of-speech ...
process automation. Robot vacuums like cyborgs and Roomba are powered by AI technology for cleaning floors without bumping into anything. With the help of a built-in camera and 3D sensor, the robot recognizes objects from a distance, classifies them as distractions, and cuts in a different ...
when working excess hours, an exempt employee does not receive overtime or time and a half. Time and a half is 1.5 times the hourly rate of the employee—the minimum that an employer has to pay for overtime. The act marks overtime as any hours that exceed 40 hours...
Remember that inventory is generally categorized as raw materials, work-in-progress, and finished goods. The IRS also classifies merchandise and supplies as additional categories of inventory.1 Raw materialsare unprocessed materials used to produce a good. Examples ofraw materialsinclude: ...