The phrase exempt employee refers to workers defined by the Fair Labor Standards Act (FLSA). It does not entitle exempt employees to overtime pay or the minimum wage. Exempt workers work on a salary rather than hourly, and their employment is executive or professional. The Fair Labor Standards...
A perceivedlack of fair or competitive compensationis a major reason for employee turnover, and ‘compensation’ includes more than a person’s take-home pay packet. It pays to understand the varied ways you can compensate employees—including comp time—and how to do so while staying within t...
What Is an Exempt Employee? Unlike a non-exempt employee, an exempt employee does not enjoy legal protections under the Fair Labor Standards Act. This means that exempt employees are not entitled to receive overtime pay from their employers. The FLSA considers certain types of jobs automatically...
Non-exempt employeerefers to an employee entitled to overtime pay and minimum wage such as blue-collar, construction, semi-skilled and maintenance workers. Non-exempt employee definition A nonexempt employee is a category of employee as defined by theFair Labor Standards Act (FLSA)in the United...
Overtime pay standards under the FLSA require that non-exempt employees receive one and a half times their regular pay rate for any hours worked over 40 in a workweek. This regulation is designed to ensure employees are fairly compensated for long hours and to discourage excessive overtime. ...
1. Receive a salary The first criterion for this exemption is that exempt employees must be salary instead of hourly workers. However, being salaried does not necessarily mean an employee is exempt. There are many nonexempt workers who receive a salary rather than hourly pay. ...
For the most part, the FLSA requires overtime pay of 1.5 times the employee’s regular pay rate for nonexempt employees who have worked more than 40 hours in a standard workweek (not a pay period). However, overtime laws differ somewhat from state to state. Key Takeaway Whether you need...
What is an exempt salary employee? An exempt salaried employee is a professional who meets specific criteria under labor laws, including earning above the FLSA's minimum threshold (in the U.S.) and performing duties that qualify for exemption. In most cases, these employees typically: ...
A non-exempt employee qualifies to earn at least minimum wage and receive overtime under the federal Fair Labor Standards Act (FLSA). more Earnings Per Share (EPS): What It Means and How to Calculate It Earnings per share (EPS) is the portion of a company's profit allocated to each ...
The Family and Medical Leave Act (FMLA) is a labor law requiring large employers to provide employees with unpaid time off for family/health issues.