Holy moly! Employees who are paid $200,000 can get overtime!
February 22, 2023
Under the Fair Labor Standards Act (“FLSA”), the workforce is divided into two groups: (1) hourly, non-exempt employees, who are entitled to overtime compensation for any time worked in excess of forty hours per week; and (2) salaried, exempt employees who are not entitled to overtime compensation. In order to classify someone as a salaried exempt employee, that person must be paid on a “salary…