[Code of Federal Regulations]
[Title 29, Volume 3]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR541.600]

[Page 193-194]
 
                             TITLE 29--LABOR
 
         CHAPTER V--WAGE AND HOUR DIVISION, DEPARTMENT OF LABOR
 
PART 541_DEFINING AND DELIMITING THE EXEMPTIONS FOR EXECUTIVE, 
 
                      Subpart G_Salary Requirements
 
Sec. 541.600  Amount of salary required.


    (a) To qualify as an exempt executive, administrative or 
professional employee under section 13(a)(1) of the Act, an employee 
must be compensated on a salary basis at a rate of not less than $455 
per week (or $380 per week, if employed in American Samoa by employers 
other than the Federal Government), exclusive of board, lodging or other 
facilities. Administrative and professional employees may also be paid 
on a fee basis, as defined in Sec. 541.605.
    (b) The $455 a week may be translated into equivalent amounts for 
periods longer than one week. The requirement will be met if the 
employee is compensated biweekly on a salary basis of $910, semimonthly 
on a salary basis of $985.83, or monthly on a salary basis of $1,971.66. 
However, the shortest period of payment that will meet this compensation 
requirement is one week.
    (c) In the case of academic administrative employees, the 
compensation requirement also may be met by compensation on a salary 
basis at a rate at least equal to the entrance salary for teachers in 
the educational establishment by which the employee is employed, as 
provided in Sec. 541.204(a)(1).
    (d) In the case of computer employees, the compensation requirement 
also may be met by compensation on an hourly basis at a rate not less 
than $27.63 an hour, as provided in Sec. 541.400(b).
    (e) In the case of professional employees, the compensation 
requirements in this section shall not apply to employees engaged as 
teachers (see

[[Page 194]]

Sec. 541.303); employees who hold a valid license or certificate 
permitting the practice of law or medicine or any of their branches and 
are actually engaged in the practice thereof (see Sec. 541.304); or to 
employees who hold the requisite academic degree for the general 
practice of medicine and are engaged in an internship or resident 
program pursuant to the practice of the profession (see Sec. 541.304). 
In the case of medical occupations, the exception from the salary or fee 
requirement does not apply to pharmacists, nurses, therapists, 
technologists, sanitarians, dietitians, social workers, psychologists, 
psychometrists, or other professions which service the medical 
profession.