29 CFR 541.300 - General rule for professional employees.
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§ 541.300
General rule for professional employees.
(a)
The term “employee employed in a bona fide professional capacity” in section 13(a)(1) of the Act shall mean any employee:
(1)
Compensated on a salary or fee 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; and
(i)
Requiring knowledge of an advanced type in a field of science or learning customarily acquired by a prolonged course of specialized intellectual instruction; or
Title 29 published on 2012-07-01
no entries appear in the Federal Register after this date.
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