Exempt employees are those exempt from overtime pay and minimum wage laws. To have exempt employee status, an employee must meet several exempt requirements. Your employee may qualify for exemption under the executive, administrative, or professional exemption; computer exemption; outside sales exemptio...
The article discusses the outside sales exemption under the Fair Labor Standards Act (FLSA) and how it applies to white-collar workers in the U.S. The exemption is under scrutiny due to lawsuits filed by sales representatives against drug companies. The lawsuits pointed out that the industry ...
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The law requires that overtime hours over 40 hours per week be paid at one-and-a-half times the regular hourly rate. Some employees are exempt from the FLSA and the Act doesn't apply toindependent contractorsor volunteers because they're not considered employees.3 Some hourly workers aren't...
The FLSA entitles nonexempt workers to a minimum wage of not less than $7.25 per hour (effective July 24, 2009) and overtime pay at a rate not less than one and one-half times the regular rate of pay after 40 hours of work in a workweek. This means that you need an accurate means...
Misclassifying employees can result in enormous financial consequences for a business. Understand the difference in exempt and non-exempt employees.
According to the FLSA , some employees are exempt from time and a half pay, while others are non-exempt. Exemption and non-exemption are driven by factors such as wages and the job duties performed. So what makes an employee exempt from receiving time and a half pay? As a general rule...
Under FLSA, an exempt employee must qualify as exempt from overtime and minimum wage laws though criteria established for certain positions. FLSA classifies exempt employees as those who meet all tests applicable to their position, as executive, administrative, professional, computer personnel, outside...
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Payroll is a complete list of employees entitled to compensation, which includes precise information regarding salary, bonuses, additional benefits, and withheld taxes.