exempt employee verses non exempt employee what is the difference?

Question

I'm paid a salary of 30K a year, if i work overtime should i be paid overtime wages or can i take equal time off or 1 1/2 time off? I'm a plant accountant and I don't supervisor or make company decisions.

Answer 1

If you're on Salary, that means you're Exempt, therefore you shouldn't get paid overtime. If you were an hourly employee, then you'd be applicable for OT pay.

I'm a Supervisor and am on Salary, thus I can go and come as I please.

Answer 2

Exempt versus non-exempt is not determined by your annual salary amount. (There is a requirement that you must be paid a minimum amount per week but it is less than 30K) The classification is made based on your job duties and responsibilities to the company. If you are an accountant and handle personal financial information that may qualify you for exempt status. Go to the web site for FLSA (google that term) and you can find out the real test information as to whether or not your job falls in that category or not.

Even as an exempt employee your employer can require that you account for time missed with any unused accrued vacation, sick or personal time. They can't deduct time missed from you check but they are entitled to deduct it from your time bank.

Answer 3

Exempt jobs are exempt from the overtime provisions of the law. There are very specific requirements which qualify a position as exempt. The Federal and/or state Department of Labor is a good resource to see if your position meets the requirements for exemption from overtime.

Answer 4

Exempt = salaried. You get paid what you get paid and that's it no matter how much OT you put in. Usually it is whatever it takes to get the job done.

Non-exempt = hourly. Gets OT. Paid for each and every hour they work.

Usually an accountant is exempt, but don't know your exact situation.

Answer 5

Exempt worker: workers with exempt status are exempt from the protections of the salary and hour rules of their state, or of the federal government (honest hard artwork criteria Act). Examples of exempt workers under Federal regulation are "executives," "experts" and finished-time pupils, as defined under the honest hard artwork criteria Act. Exempt workers ought to continuously be paid on a earnings foundation, no longer concern to help based on the same old or volume of artwork finished. Non-Exempt: workers with non-exempt status are often secure via the salary and hour rules of your state, or of the federal government (honest hard artwork criteria Act). salary and hour rules require employers to pay a minimum of a undeniable minimum hourly salary fee and a top type fee for time beyond regulation artwork. they're additionally a handbook for figuring out which on-the-activity hours symbolize artwork, and as a result ought to be compensated.

Answer 6

Exempt employees don't have taxes taken out of their checks since their are exempt from filing. Most Americans are non-exempt.

Answer 7

It depends on if you directly supervise employees. If you do, you are exempt. If you do not, you are non-exempt.