Not exactly accurate Jim. From the dol.gov website:
So you have to make more than $455/week.
You have to manage a department, such as banquet
sous chef or banquet chef.
You have to have at least two cooks under you
You have to have the ability to hire and fire those two cooks under you
So how to get around it? Fire one of the cooks and do all the work yourself!
Just kidding of course. On one hand, it makes a lot of lower income wage earners automatically eligible for overtime. On the other, I've never worked a place where anyone was overtly told that they had to work more than 40/wk without overtime no matter what their payscale.
I don't like it that Nurses are exempt from overtime, specifically RN's, not LPN's. Chefs are exempt too, but since most of us were salaried/bonus anyway I don't think it affects us much. Were we ever eligible for overtime as salaried workers?
Edit: Teachers are exempt too? Lame...