Exempt Position refers to a job role that is not subject to overtime pay under labor laws. Employees in exempt positions typically receive a fixed salary rather than hourly wages and are expected to fulfill their job responsibilities regardless of hours worked. These roles often include managerial, administrative, and professional positions that require decision-making authority and specialized skills.
For industries like manufacturing, retail, logistics, and facility management, defining exempt positions is crucial for workforce classification, payroll management, and compliance with labor laws. Employers must ensure proper classification to avoid wage disputes, adhere to labor regulations, and maintain fair compensation structures for both on-roll and contract-based employees.