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Exempt Employee

By Dawn Rosenberg McKay, About.com

Definition: Exempt employees are those who are exempt from certain wage and hour laws, i.e. overtime pay; usually applies to administrative, executive, or professional employees who receive an annual salary, in equal payments weekly, bi-weekly, or at some other specified time interval.
Also Known As: salaried employee
Common Misspellings: excempt employee
Examples: Although Jennifer worked 50 hours last week, as an exempt employee she wasn't eligible for overtime pay.

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