Is an accounts receivable specialist exempt or nonexempt?
ACCOUNTS RECEIVABLE SPECIALIST (NON-EXEMPT)
What accounting positions are exempt?
An accounting employee who performs executive, professional or administrative duties as defined by the FLSA is exempt. To qualify for exempt status, an administrative accounting employee’s main duty must be performing non-manual work directly linked to your customers or the overall management of your company.
What jobs are considered exempt?
The FLSA includes these job categories as exempt: professional, administrative, executive, outside sales, and computer-related. The details vary by state, but if an employee falls in the above categories, is salaried, and earns a minimum of $684 per week or $35,568 annually, then they are considered exempt.
How do you know if a position is exempt or non exempt?
An exempt employee is not entitled overtime pay by the Fair Labor Standards Act (FLSA). These “salaried” employees receive the same amount of pay per pay period, even if they put in overtime hours. A nonexempt employee is eligible to be paid overtime for work in excess of 40 hours per week, per federal guidelines.
Can bookkeepers be exempt?
Bookkeepers adhere to company or federal policy in their work. The independent discretion described by the FLSA is not a primary duty of most bookkeepers, and this is why most bookkeepers are considered non-exempt employees.
What is the learned professional exemption?
The learned professional exemption is restricted to professions where specialized academic training is a standard prerequisite for entrance into the profession. The best evidence of meeting this requirement is having the appropriate academic degree.
Is a bookkeeper considered exempt?
The Fair Labor Standards Act has an administrative exemption, and if you meet the requirements, you are exempt from receiving overtime pay. The independent discretion described by the FLSA is not a primary duty of most bookkeepers, and this is why most bookkeepers are considered non-exempt employees.
What jobs are FLSA exempt?
Certain employees are “nonexempt” under California law. They have many rights that “exempt” employees do not….The most common job-specific exemptions apply to:
- Commissioned employees,
- Physicians and surgeons,
- Computer professionals,
- Private school teachers,
- Outside salespersons,
- Truck drivers, and.
- Union employees.
What is a non-exempt position?
Nonexempt: An individual who is not exempt from the overtime provisions of the FLSA and is therefore entitled to overtime pay for all hours worked beyond 40 in a workweek (as well as any state overtime provisions). Salaried nonexempt employees must still receive overtime in accordance with federal and state laws.
What makes a job non-exempt?
Nonexempt employees are workers who are entitled to earn the federal minimum wage and qualify for overtime pay, which is calculated as one-and-a-half times their hourly rate for every hour they work above and beyond a standard 40-hour workweek.
Should accountants be exempt?
Certain Auditors and Accountants are misclassified under the FLSA. Therefore, even though these accountants and financial service workers have “white collar” jobs, they cannot be properly called an exempt employee and they must be paid overtime when they work more than 40 hours in a week (e.g., during tax season).
Who qualifies as learned professional exemption?