Wednesday 11 February 2015

Salaried Exempt Vs. Salaried Nonexempt

Although several criteria separate salaried exempt workers from salaried nonexempt workers, the one key difference between salaried exempt status and salaried nonexempt status is overtime pay. Exempt employees don't receive overtime pay; nonexempt employees do. The classification criteria for exempt and nonexempt workers are part of the Fair Labor Standards Act, or the FLSA, which is the federal law that governs minimum wage, overtime pay and working hours.

source: http://smallbusiness.chron.com/salaried-exempt-vs-salaried-nonexempt-24213.html

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