I received my first paycheck from my current employer and it stays that I only worked 70 hours in a 2 week period and when I asked HR they stated that I am a 35 hour a week exempt employee:
Certain types of employees, often classified as exempt employees, are not entitled to overtime pay as guaranteed by the Fair Labor Standards Act (FLSA).
Apparently, the salary is the exact same and the rate is simply higher when calculated. I am curious as to why my employer would label me as a 35-hour workweek employee that is exempt which essentially means I work the same amount of hours but on paper, I am labeled at only 35 and also the pay is the exact same. Is there a benefit for them or for the employee?