Which status refers to employees who are not entitled to overtime pay?

The term that refers to employees who are not entitled to overtime pay is "Exempt." This classification typically applies to employees who meet specific criteria set forth by the Fair Labor Standards Act (FLSA), including certain executive, administrative, professional, and outside sales positions. Exempt employees are compensated on a salary basis, and their job duties generally require a level of discretion and independent judgment, which is why they are exempt from the overtime provisions of the act. As a result, regardless of the number of hours worked beyond the standard workweek, these employees do not receive additional pay for overtime hours.

In contrast, non-exempt employees are entitled to overtime pay for hours worked beyond a certain threshold, usually more than 40 hours in a workweek. The classifications of part-time and full-time refer to the number of hours an employee works but do not inherently address the issue of overtime compensation rights. Thus, the concept of exempt status is specifically tied to the entitlement to overtime pay, making it the correct answer.