Topic: Difference between Exempt and Salaried Employee
Answers to Common Questions
What is the difference between a wage and salary employee?
a wage is the total of money you have had over the year or at the end of each month. a salary is what you earn every hour you work or week you work, and you get given it at the end of the month or week Read More »
Source: http://wiki.answers.com/Q/What_is_the_difference_between_a_wage_a...
What is the difference between a salaried exempt employee and a s...
"Non-exempt" means that FLSA applies to the position. Key provisions of that law are: Employees have to be paid at least...more? Read More »
Source: http://www.chacha.com/question/what-is-the-difference-between-a-s...
However, what's the difference between a non-exempt salaried empl...
Loren: Being paid on a “salary basis” means an employee regularly receives a predetermined amount of compensation each pay period on a weekly, or less frequent, basis. The predetermined amount cannot be reduced because of variations in the... Read More »
Source: http://en.allexperts.com/q/Human-Resources-2866/non-exempt-salari...
Answers to Other Common Questions
Do you get overtime? If not, then you're exempt. Exempt employees are those who are exempt from certain wage and hour laws, i.e. overtime pay; usually applies to administrative, executive, or professional employees who receive an annual sal... Read More »
Source: http://www.answerbag.com/q_view/609534
Employees who qualify as "exempt" are exempt from overtime regulations (and minimum wage laws), whereas "nonexempt" employees MORE Read More »
Source: http://www.chacha.com/question/what-is-the-difference-between-exe...
Salaried positions are "professional" positions. These positions usually indicate that someone is being compensated at a rate that would not benefit the employee to pay them hourly (since overtime -time and a half pay - would be 'expensive.... Read More »
Source: http://answers.yahoo.com/question/index?qid=20090415124827AAgA81v
Where are you? Laws differ from place to place, and the question you are asking is governed by local laws. In the US, we have the Fair Labor Practices Act. That law requires that the term of employment be defined, and that employees be paid... Read More »
Source: http://answers.yahoo.com/question/index?qid=20090822095336AAlydcX
Visit www.dol.gov and look for information on the "salary basis rule." You are correct, there is a classification for salaried non-exempt employees. The rules for assigning certain jobs to specific classes - exempt, non-ex, and hourly - hav... Read More »
Source: http://answers.yahoo.com/question/index?qid=20070904132311AARYszv
Hourly is paid "per hour", usually with time + 1/2 for anything over 40 hrs per week. Salaried workers are paid the same each week regardless if they work 10 hours or 100. In my experiance, the salaried worker usually ends up working more h... Read More »
Source: http://www.answerbag.com/q_view/1148721
Exempt does not mean exempt from company practices and requirements. Exempt means you are exempt from the wage and hour laws. Read More »
Source: http://www.answerbag.com/q_view/420458
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