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What does it mean to be “exempt” from overtime?

Employees who are truly exempt from overtime laws are not entitled to receive overtime pay from their employers.  These exemptions are very narrow, complicated, and can be difficult to administer.  Some exemptions you may have heard of are the “white collar” exemptions of professional (doctors, lawyers), executive (high-level managers such as CEOs), and administrative (product managers).  You should talk to an attorney to determine if you are legally exempt from overtime.