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What are the specifics of component of exempt status

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Reference no: EM132875204

To my understanding there is something known as Exempt employees and they are generally not paid overtime (although they may be at the employers discretion). In order to be exempt you must meet the criteria of the exemption classification you seek, the specific duties, AND be paid on a salary basis. Now this leads me to my questions What is a salary basis? What are the specifics of this component of exempt status? Why are these important?

Reference no: EM132875204

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