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Subp. 2.
Executive test II.
Executive test II:
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A.
receives at least $155 per week in salary;
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B.
manages and supervises a department of at least two other full-time people (a full-time employee is defined as one who works at least 35 hours in a workweek);
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C.
has authority to hire or fire or suggest changes in employees' status;
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D.
regularly exercises discretionary powers; and
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E.
either:
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(1)
devotes less than 20 percent of time worked, or 40 percent in retail or service establishments, to nonexempt work;
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(2)
owns 20 percent or more of the business; or
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(3)
has sole charge of an independent or branch establishment.