Have you found yourself in a situation where you need documents for potential company or specific tasks almost every working day.
There is a multitude of legal document templates accessible online, but locating trustworthy ones can be challenging.
US Legal Forms provides an extensive array of form templates, including the Mississippi Nonexempt Employee Time Report, designed to meet state and federal requirements.
Exempt employees are not regulated under the Fair Labor and Standards Act, which sets the federal requirements for overtime pay and minimum wage. Exempt employees must meet the Department of Labor's salary level, salary base and duties criteria.
With few exceptions, to be exempt an employee must (a) be paid at least $23,600 per year ($455 per week), and (b) be paid on a salary basis, and also (c) perform exempt job duties. These requirements are outlined in the FLSA Regulations (promulgated by the U.S. Department of Labor).
Fair Labor Standards Act (FLSA) exempt and nonexempt testsEmployees who meet the thresholds of both the Duties and Salary tests are considered exempt from overtime pay or salaried. All other employees, with some exceptions listed below, are considered nonexempt, or eligible for overtime wages.
Exempt workers are exempt from overtime payso even if they work more than 40 hours in a workweek, they're not eligible for overtime pay. So, whether a salaried employee has to fill out a timesheet will come down to whether they're considered exempt or non-exempt.
Who is eligible for overtime pay? To qualify as an exempt employee one who does not receive overtime pay staff members must meet all the requirements under the duties and salary basis tests.
The FLSA includes these job categories as exempt: professional, administrative, executive, outside sales, and computer-related. The details vary by state, but if an employee falls in the above categories, is salaried, and earns a minimum of $684 per week or $35,568 annually, then they are considered exempt.
Related Content. Under the federal Fair Labor Standards Act (FLSA), employees who are not exempt from the FLSA's minimum wage or overtime pay protections.
An exempt employee is an employee who does not receive overtime pay or qualify for minimum wage. Exempt employees are paid a salary rather than by the hour, and their work is executive or professional in nature.
Exempt Employees must meet basic salary threshold of $913/week $47,476/year) and meet applicable Department of Labor Tests for executive exemption, administrative exemption, professional exemption, or computer exemption. Exempt employees are paid a salary that covers the amount of time required to perform the job.
Partial Exempted Personnel from Overtime Pay.Executive Exemption.Administrative Exemption.Computer Professionals Exemption.Professional Exemption.Outside Sales Exemption.Highly Compensated Employees.