She's exempt.
She gets paid the same amount, regardless of how many days off she takes.
Yahoo!'s new CEO Marissa Mayer will be handsomely rewarded for taking the reins at that troubled company – she's been granted an annual base salary of $1m, and can earn up to another $2m in bonus money during her first year. But wait. There's more. According to an SEC filing made available on Thursday, Mayer will also receive …
You mean someone who has two degrees, with honors, in technology-related fields from Stanford? I think she'll do. Ballet and modern art show a flair for creativity that will augment, not restrain, her technical abilities.
As to whether Yahoo! can be saved by her or anyone, that is a more interesting debate. Her qualifications seem sound to give it a go.