BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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full-time employee
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exempt employee
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nonexempt employee
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part-time employee
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Detailed explanation-1: -Simply put, an exempt employee is someone exempt from receiving overtime pay. It is a category of employees who do not qualify for minimum wage or overtime pay as guaranteed by Fair Labor Standard Act (FLSA). Exempt employees are paid a salary instead of hourly wages and their work is professional in nature.
Detailed explanation-2: -A worker who is required to work on a rest day must be paid wages at the overtime rates (twice the rate of wages).
Detailed explanation-3: -What does exempt mean? Employers are not required to pay overtime to employees who are properly classified as exempt. They may, however, choose to compensate such individuals for extra hours worked through benefits packages.
Detailed explanation-4: -: not free or released from some requirement to which others are subject : not exempt.