what are the disadvantages of being and exempt employee 
the main disadvantages lie in not being eligible for overtime or qualifying for minimum wage depending on the mindset of your employer you could find yourself working long hours to fulfill an overloaded work portfolio without any recourse for additional reimbursement or reducing the stress brought on by the long hours in short you are at the mercy of your boss the bottom lineexempt employees have the advantage of a steady income stream and generally earn more than nonexempt or hourly employees full time and many part time exempt employees also typically have access to retirement benefits like 401 k plans bonuses and employee sponsored healthcare plans as well as paid time off in the form of vacation and sick days the main downside of being an exempt employee is not being eligible for overtime pay however for most employees the benefits of exempt status likely outweigh that potential negative 