A code indicating whether the work or position is covered under applicable labor law relating to working hours, overtime, and similar protections. Within the United States, this would refer to coverage under the U.S. Fair Labor Standards Act (FLSA) and implementing regulations. Enumerated values are: "exempt" and "non-exempt." Under FLSA requirements, non-exempt positions are due overtime at a rate of one and a half times the employee's regular rate of pay for all hours worked over 40 in a workweek. Non-exempt positions also are subject to certain recordkeeping and certain other provisions. While this element can accommodate requirements within the U.S. market, the optional typeCode and countryCode attributes allow it to be applied within other jurisdictions as well. NOTE: In the U.S., while it is common to classify a position as exempt or non-exempt, actual coverage under the FLSA usually is determined on the basis of an employee's actual performance or engagement within a workweek and not on whether an employee is assigned to or associated with a position that an employer has classified as "exempt" or "nonexempt." Consult competent legal counsel on all matters of employment law compliance.