Exempt vs. Non-Exempt Employees: Everything You Need to Know

In this video, we explore the key differences between exempt and non-exempt employees. Whether you're an employer or employee, understanding the distinctions between these two categories is essential for ensuring proper classification and compliance with employment laws. We'll start by defining what it means to be exempt or non-exempt, and then dive into the specific requirements and benefits of each category. We'll cover topics such as overtime pay, minimum wage, and the types of job duties that qualify for exemption. By the end of this video, you'll have a clear understanding of the differences between exempt and non-exempt employees, and the implications of each category for both employers and employees. Whether you're navigating the job market, managing a team, or simply curious about employment law, this video is for you! Intro: 0:00 Definitions of exempt & non exempt: 0:58 Classifying employees as exempt or non Exempt: 1:31 Reclassifying employees: 2:08 Wage & hour laws: 2:37 FLSA overtime rules: 3:04 Exempt employee overtime: 3:35 Salary vs. hourly pay: 4:09 Salaried non-exempt employees: 4:32 Hourly exempt employees: 4:58 What happens if you misclassify employees?: 5:09 Outro: 5:35 Learn more about our firm! https://www.csiaccounting.com/ Get started with CSI today! https://www.csiaccounting.com/schedul... Check out our other FREE resources for your business! https://www.csiaccounting.com/learnin...