What is the test in considering whether one is a managerial employee or not?

What is the test in considering whether one is a managerial employee or not?

“Before one may be properly considered a managerial employee, all the following conditions must be met:

1.         Primary duty consists of the management of the establishment in which they are employed or of a department or subdivision thereof;

2.         They customarily and regularly direct the work of two or more employees therein;

1.    They have the authority to hire or fire other employees of lower rank; or their  suggestions and recommendations as to the hiring and firing and as to the promotion or any other change of status of other employees are given particular weight.”

*  “It is the nature of the employee’s function and not the nomenclature or title given to his job, which determines whether he has rank-and-file, supervisory or managerial status.