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What is the exact understanding of salary exempt employees?

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edited Oct 27, 2021 6:57PM in Compensation

Summary:

Can some one help us with the understanding of what is meant by salary exempt employee

We know that exempt - is exempted from overtime and non-exempt is an employee who will be eligible for overtime as per FLSA. But we came over this term now as salary exempt and trying to seek some thoughts around this.

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