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exempt employee

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

An employee that is not entitled to overtime wages or salaries. Examples of exempt employees
include executives, managers and other highly-paid employees.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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