Section 541.300 - [Effective 7/1/2024] General rule for professional employees(a) The term "employee employed in a bona fide professional capacity" in section 13(a)(1) of the Act shall mean any employee:(1) Compensated on a salary or fee basis at not less than the level set forth in § 541.600 ; and(2) Whose primary duty is the performance of work:(i) Requiring knowledge of an advanced type in a field of science or learning customarily acquired by a prolonged course of specialized intellectual instruction; or(ii) Requiring invention, imagination, originality or talent in a recognized field of artistic or creative endeavor.(b) The term "salary basis" is defined at § 541.602 ; "fee basis" is defined at § 541.605 ; "board, lodging or other facilities" is defined at § 541.606 ; and "primary duty" is defined at § 541.700 .69 FR 22260, Apr. 23, 2004, as amended at 81 FR 32549, May 23, 2016; 84 FR 51306, Sept. 27, 2019 84 FR 51306, 1/1/2020; 89 FR 32971, 7/1/2024