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OTHER EXEMPT (AS OF SEPTEMBER 30, 2015)NMLSCompanyStatusContactAddressCityStateZipPhoneEmailOrig LIC Company ID8655232120rachelcupp@21stmortgage.com 120421ST MORTGAGE CORPORATIONPrincipal TIMOTHY
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An exempt employee is not eligible for overtime pay, while a non-exempt employee is eligible for overtime pay.
Employers are required to classify their employees as exempt or non-exempt and keep proper records.
Employers need to review job duties, salary basis, and salary level to determine exempt status for employees.
The purpose is to ensure that employees are properly classified and compensated according to labor laws.
Information such as job duties, salary basis, hours worked, and overtime pay must be reported.
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