Exempt Status
For ease of identification, Ursinus uses the terminology of the federal Fair Labor Standards Act in classifying employees “exempt” and “non-exempt”.
Exempt refers to full-time employees who are performing in an executive, administrative, professional position. Employees in this group are not subject to overtime provisions of the Fair Labor Standards Act as amended and are paid a monthly salary.
Non-exempt refers to employees who are subject to the overtime provisions of the Fair Labor Standards Act and are compensated for overtime on the basis of hoursworked and are paid by the hour.