When is a company employee considered exempt?

In Florida, a company employee can be considered exempt from certain employment laws when their salary meets the state or federal salary requirements. An exempt employee is one who does not qualify for overtime pay, minimum wage, or other forms of required employee benefits such as vacation and sick pay. Exempt employees must meet certain criteria in order to be considered exempt. They must typically earn at least $455 per week, which is the equivalent of $23,660 per year or $9.98 per hour. This rate is higher than the federal minimum wage rate, which is $7.25 per hour. Additionally, in order to be considered exempt, the employee must usually be engaged in executive, administrative, or professional duties and must be employed in a position of management or with special skills. Exempt employees also typically work more than 40 hours a week and are paid a salary rather than an hourly wage. They are given much more freedom to make decisions and complete tasks. However, because of their exempt status, they are not eligible for overtime pay, even if they work more than 40 hours a week. By meeting the criteria listed above, an employee can be classified as exempt in Florida. This exempt status can have important implications for both employees and employers, so it is important to understand what specific criteria are necessary in order to be considered exempt.

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When is a company employee considered exempt?

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