Exempt/Non-Exempt Sample Clauses

The Exempt/Non-Exempt clause defines whether an employee is entitled to overtime pay under applicable labor laws, such as the Fair Labor Standards Act (FLSA). In practice, this clause specifies if a position is classified as exempt, meaning the employee is not eligible for overtime, or non-exempt, meaning the employee must be paid overtime for hours worked beyond a standard workweek. This classification is typically based on job duties, salary level, and other regulatory criteria. The core function of this clause is to ensure compliance with wage and hour laws and to clarify the employer’s obligations regarding overtime compensation.
Exempt/Non-Exempt. All County job classes in this representation unit shall be designated as either I) overtime eligible or 2) overtime exempt. Each of the above categories shall be assigned a special code, which shall appear beside each class as listed in the County salary resolution. County overtime designations are separate from overtime designations made in compliance with the Fair Labor Standards Act.
View SourceView Similar (23)
Exempt/Non-Exempt. All bargaining unit employees are considered Non Exempt employees under the Fair Labor Standards Act.
View SourceView Similar (2)
Exempt/Non-Exempt. Max Accounts Payable Manager $ 62.50 Active Directory Administrator Benefits Manager Communications Systems Architect Construction Manager Contracts Manager Corporate Facilities Leasing Manager Desk Side & Technology Support Team Lead External Financial Reporting Manager Finance Manager Health, Safety and Security Manager Human Relations Manager Information Systems Manager
View Source

Related to Exempt/Non-Exempt

  • Non-Exempt Employees Non-exempt employees shall not be paid for the period of the closure. However, employees shall be allowed to use accrued vacation, compensatory time off, personal leave or approved leave without pay for the absence(s).

  • Section 16(b) Exemption The Company shall take all actions reasonably necessary to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

  • Tax Exempt As per Section 151.309, Texas Tax Code, Customers under this Contract are exempt from the assessment of State sales, use and excise taxes. Further, Customers under this Contract are exempt from ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code Sections 4253(i) and (j).

  • Overtime-Exempt Employees Employees who are not covered by the overtime provisions of state and federal law.

  • FINRA Exemption To enable ▇▇▇▇▇ to rely on Rule 5110(b)(7)(C)(i) of FINRA, the Company represents that the Company (i) has a non-affiliate, public common equity float of at least $150 million or a non-affiliate, public common equity float of at least $100 million and annual trading volume of at least three million shares and (ii) has been subject to the Exchange Act reporting requirements for a period of at least 36 months.