What are Exempt and Non-Exempt employees? What is the difference?
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Otherwise called Salaried Employees are exempt from the Federal Fair Labor Standards Act's Minimum Wage and Overtime provisions. Exempt Employees are usually setup with a definite number of hours per day and are paid with a constant salary every month, no matter they work some extra hours more than the set number of working hours per day or even take an off for a day or more. Since their In and Out time is not a concern these employees are setup with a Standard Timesheet Format.
Also called Hourly Employees or Contract Employees who work on hourly basis and get paid hourly. They are eligible for Federal Fair Labor Standards Act's Minimum Wage and Overtime provisions. Since they are paid hourly, their In and Out time is very crucial for both the employee and the employer so they are setup with an In-out Timesheet Format.