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Showing posts with the label Exempt and nonexempt employee

Wage and Hour Topics : Making Sense of Requirements Affecting Exempt and Non-Exempt Employees

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OVERVIEW Whether you’ve been managing employees for many years or you’re getting ready to manage a team, you need to understand the pay practices relevant and required for the type of employees you oversee. The two basic pay employee status types under federal and state laws are exempt andnon-exempt . Beyond knowing that one type is paid a salary and the other is paid an hourly rate, what more is there to know? By the end of this course, you’ll familiarize yourself with a several differing factors under the broader subject commonly referred to as  “Wage and Hour.”  We’ll also touch upon the more common exemptions that apply to executive, administrative, and professional employees. You will get a clear idea about exempt and non-exempt employee benefits. In this modern “gig” economy, we’ll also explore the differences between an employee and independent contractor. Understanding how each one operates relative to expectations and requirements dictated by you as the e...