WebApr 11, 2024 · Many employers labor under the misconception that a highly paid employee is necessarily exempt from the overtime requirements of the Fair Labor Standards Act … WebA highly compensated employee is deemed exempt under Section 13 (a) (1) if: The employee earns total annual compensation of $107,432 or more, which includes at least $684 * per week paid on a salary or fee basis; The employee’s primary duty includes …

FLSA Status: How To Classify Employees and Contractors

WebSep 23, 2024 · The issue of the proper application of the highly compensated employee exemption under the Fair Labor Standards Act (FLSA), as it applies to employees paid on a “day-rate” basis in the oil and gas industry, has been a hotly debated issue in recent years, especially in the Fifth Circuit Court of Appeals. WebThe employer may, during the last pay period or within one month after the end of the year, make a payment of at least $7,432 (make-up pay) to the employee. If the employer does not make the make-up payment, the employee is not exempt as a highly compensated employee and is entitled to overtime pay under the FLSA, unless he or she meets the ... phone tracking monitor china lenovo

Highly Compensated Employees – FLSA Exemptions

WebMay 25, 2024 · Highly compensated employees; Some states and/or localities have differing or additional requirements for employees to qualify for exemptions. In certain states, some exemptions are not available at all. For example, California and New York do not recognize the FLSA’s exemptions for highly compensated employees or business owners. WebSep 27, 2024 · Under the HCE test, employees who receive at least a specified total annual compensation (which must include at least the standard salary amount per week paid on … WebThus, a highly compensated employee will qualify for exemption if the employee customarily and regularly performs any one or more of the exempt duties or responsibilities of an … how do you spell insensitive