Exempt employee
In accounting, exempt employee means an employee the FLSA's overtime and minimum-wage rules don't cover — for the executive, administrative and professional exemptions, one paid a salary of at least $684 a week whose primary duties meet the exemption's test. A job title decides nothing.
Authority: US DOL — Fact Sheet #17A (opens in a new tab). Sources
The lesson that teaches this
From the free founder back-office course, taught on one company's books, with exercises to work it yourself.
What it is not called
Each of these means something else. Use one here and an accountant reading the product notices.
- salaried (a salaried employee can be non-exempt)
Also in Payroll
Defined in Lexicon. This page is generated from that document, so the two can't disagree.