The Fair Labor Standards Act (FLSA) governs minimum wage and overtime requirements.  One of the more complicated aspects of the FLSA is deciding which employees are exempt from its coverage.  These employees fall under one of several exemptions: executive, administrative, professional, computer employee, and highly compensated employee exemption. Nearly all exemptions have a common requirement: employees must be compensated on a salary or fee basis of at least $23,660.00 annually which must include at least $455.00 per week.  The specific exemptions are very fact-specific and must be certain job duties tests.  You can find out more about these exemptions by clicking here.