All employees are one of two types: exempt and non-exempt. As an employer or aspiring business owner, you need to know the difference between exempt vs. non-exempt employees. This knowledge can help ...
What does it mean to be tax-exempt? Tax-exempt means not being required to pay taxes on certain types of income. Find out what type of income is included.
An important detail that you’ll want to ask your employer before you take on a new job is whether or not your role is classified as exempt or nonexempt. These terms can be confusing, yet it is ...
An exempt employee describes a salaried employee that is not covered by Fair Labor Standards Act (FLSA), which means they do not qualify for overtime pay. Non-exempt employees, on the other hand, are ...
Non-exempt employees are hourly workers guaranteed a minimum wage and overtime pay of at least 1.5 times their normal, hourly rate for any hours worked over 40 per week by the FLSA. The Fair Labor ...
Exempt positions, which are typically salaried and relatively high paying, are not subject to the minimum wage and overtime requirements outlined by the FLSA that govern hourly, non-exempt positions.
For various business reasons, an employer may determine that it needs to move a full-time employee to part-time status. Before an employer makes such a determination, it should pause and carefully ...
Taxes are an unavoidable part of life for most people. You could, however, get out of paying income tax if you're deemed tax-exempt by the Internal Revenue Service (IRS). But what does tax-exempt mean ...
Sid Lewis is a partner at Jones Walker and leader of the firm’s labor and employment practice group. As a labor and employment law attorney, misclassification is by far the most common mistake I see ...