An exempt employee is also referred to as a salaried employee, and is characterized by a set salary for an employee instead of the more common hourly rate of pay. There are rules regarding what qualifies a person as exempt. According to the Purdue University website, exempt employees "create...
Who qualifies as a statutory employee? The IRS has a set of clearly defined rules about whether an independent contractor qualifies as a statutory employee. The independent contractor needs to fall into one of four types of employment: drivers delivering food, drinks, and laundry; life insurance ...
What qualifies as serious health condition for FMLA? What term defines the relationship between an employer and an employee? What is the difference between a furlough and a layoff? What does open vacation policy mean? What is separation pay? What are the employer and employee positions on priva...
month, or year. For instance, a company might initiate a policy requiring its employees to take four days off between Christmas and New Year's, reducing their accrued leave or paid time off. This qualifies as a furlough because the employees would lose four days of their...
Who qualifies for sabbatical leave? Employees may qualify for sabbatical leave after working a specific amount of time at a company that offers the benefit, usually at five or more years. However, an employee's qualification for sabbatical leave will depend on each company's own sabbatical leave...
What’s considered a small business varies greatly. If you’re looking to get funding from anSBA-backed loan, check the guidelines to ensure your business qualifies. What size is a small business? A small business can have one location, several locations, or even a single large headquarters....
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State or local government officials who are paid on a fee basis: This is an uncommon occurrence. Those who work for a state government and are compensated in part by fees come into this group. A salaried government employee is unlikely to qualify. ...
Who qualifies for time and a half? 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 ...
Under FLSA, what makes an employee exempt? What qualifies as serious health condition for FMLA? What does being a full-time independent contractor entail? What is seasonal unemployment? What is worker's compensation? What is a layoff? What does the national labor law do? What is the FTE pe...