Business Studies, asked by saish3531, 11 months ago

Explain the Exempted employee.

Answers

Answered by Anonymous
7

Question:-

Explain the Exempted employee.

Answer:-

Employees in exempt positions do not receive overtime pay no matter how many hours they work in a workweek. Since they not receive overtime pay, there is no need for them to keep records of the specific hours they work.

Examples:-

The FLSA includes language that makes distinctions between exempt and non-exempt work. The legislation has simply defined some work as exempt and some work as non-exempt.

Answered by kriti0
4
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Explain the Exempted employee

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Exempt employee is a term that refers to a category of employees set out in the Fair Labor Standards Act. They do not receive overtime pay, nor do they qualify for the minimum wage.

BREAKING DOWN Exempt Employee

Exempt employee classifies employees who are exempt from overtime pay and the minimum wage. Exempt employees are paid not for the hours worked but rather for the work that they performed. In order for an employee to be considered exempt they must use discretion and independent judgment at least 50 percent of the time and must earn more than $455 per week.

Exempt Employees, Non-Exempt Employees and the Fair Labor Standards Act

The exempt employee category is a result of the the Fair Labor Standards Act, a U.S. law passed in 1938. The watershed labor law protects workers against unfair pay practices and work regulations. The law has been greatly changed over the last 80 years, but is still one of the most important labor laws in the history of the United States, and sets regulations for a wide array of employee- and employer-related issues.

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