Thursday, July 27, 2006
New U.S. DOL Opinion Letter: Acquisition, Relocation, and Property Management Agents are Exempt Administrative Employees Not Entitled to Overtime
Who is an exempt administrative employee? A new US DOL opinion letter answers that question for three employee classifications in the government contracts and real estate industries. Notably, the Acquisition, Relocation and Property Management Agents had fairly sophisticated responsibilities involving purchasing and regulatory compliance.