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My new position is considered exempt. Does that mean I no longer earn overtime or comp time?

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My new position is considered exempt. Does that mean I no longer earn overtime or comp time?

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If your new position is exempt status, there is no formal policy providing you with overtime or comp time for hours worked in excess of 40 in a week. As an employee in an exempt position, you will gain new flexibility to take time off for such needs as medical appointments without a reduction in pay.

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