Certain Bona Fide Executives May Be Exempt from Overtime Pay under the FLSA and MFLSA
This article was originally published on July 29, 2015, and has been updated through July 1, 2023. Both federal and Minnesota law require employers to pay overtime pay to certain employees. There are exemptions, however, for employees holding certain types of positions. Two such exemptions are those covering “bona fide executives” and certain “business owners.” This […]
Discussion of FLSA Exemption for Executive Employees
This article was originally published on August 1, 2014, and has been updated through July 1, 2023. Pursuant to the federal Fair Labor Standards Act (“FLSA”), covered employees in the United States generally must be paid at least the federal minimum wage of $7.25 an hour for all hours worked and overtime pay at time […]