Robert Graybeal wrote:
Also, to be an 'exempt employee', you must have the ability and authority to hire and fire and supervise at least 2.
If you don't supervise and can't hire and fire, you can make a salary of 100,000 and still must be paid for overtime.
Not necessarily. For instance, buyers may be exempt but not supervise anybody else.
Also, exempt employees earn what is know as "comp" time, so if they need an hour or two to go to the dentist, they don't need to use sick time, or if they want a long weekend and have comp time accrued, they don't need to touch their vacation.