(Answered) Employees are classified as exempt or non-exempt there are

Accounting

Employees are classified as exempt or non-exempt. There are also statutory employees and independent contractors. For your initial post:

Define exempt employee, non-exempt employee, statutory employee and independent contractor.
Give at least one specific example of each.
How does FLSA affect each group of workers?
In 2016, a law was passed to raise the annual salary threshold of exempt employees from $23,660 to $47,476. Read these articles.

ON THE RECORD; Revamped Overtime Rule Boosts Worker Protection.

New overtime rules: Are you in compliance?

New OT rules, $47K threshold begin on Dec. 1.

For a reply:

After reading the above articles and doing your own research, explain how this new law will affect salaried employees and their employers. Give two examples of how employees are affected and two examples of how employers are affected by the law. Use specific situations. How does FLSA relate to the new law? Also, discuss how a change in the OT rules might affect an employer's decision to use independent contractors rather than statutory employees.

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