I think you are misreading this rule. This allows an exemption to the time and a half pay minimum for overtime for highly paid people in a computer related field whose job duties are sufficiently executive or administrative in nature. If they are very highly paid (~$150,000 per year) the exemption is easier to qualify for.
The referenced section of the FLSA exclusively reduces the wage protections of people exempted under its rules.
i didn’t look too close at the rule i was finding as it’s been a while, but there’s a minimum wage for computer workers at which their employers are exempted from being required to give them certain benefits. I don’t see the financial logic in paying them less than that wage, but i never employed a ton of computer workers. it’s an effective minimum wage without being a minimum wage. de jure versus de facto
I think you are misreading this rule. This allows an exemption to the time and a half pay minimum for overtime for highly paid people in a computer related field whose job duties are sufficiently executive or administrative in nature. If they are very highly paid (~$150,000 per year) the exemption is easier to qualify for.
The referenced section of the FLSA exclusively reduces the wage protections of people exempted under its rules.
i didn’t look too close at the rule i was finding as it’s been a while, but there’s a minimum wage for computer workers at which their employers are exempted from being required to give them certain benefits. I don’t see the financial logic in paying them less than that wage, but i never employed a ton of computer workers. it’s an effective minimum wage without being a minimum wage. de jure versus de facto