Wednesday, June 6, 2012

FLSA Classified Material – Exempt vs. Nonexempt


First in a series of seven articles
The distinction between exempt and nonexempt status is a foundational concept under the Fair Labor Standards Act (FLSA). And yet, it is sometimes misunderstood, even by large employers. The stakes are high.
At the core of the FLSA are two basic mandates:  overtime pay for any hours worked over 40 in a week and payment of wages equivalent to at least $7.25 per hour. The FLSA exempts several types of jobs from those requirements...
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