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  1. 13 Νοε 2018 · Brief History of the FLSA. Minimum Wage and Overtime Laws. Near the end of the Great Depression, in 1938, President Franklin D. Roosevelt signed the Fair Labor Standards Act (FLSA) into law to provide workers with employment protections. The Act set a new federal minimum wage, now $7.25/hr.

  2. The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and child labor standards affecting most full-time and part-time workers in the private sector and in federal, state, and local governments.

  3. Highlights: The FLSA sets minimum wage, overtime pay, recordkeeping, and youth employment standards for employment subject to its provisions. Unless exempt, covered employees must be paid at least the minimum wage and not less than one and one-half times their regular rates of pay for overtime hours worked.

  4. 1 Οκτ 2024 · According to the Fair Labor Standards Act (FLSA), which governs minimum wage, overtime pay, and working hours, employees are divided into two categories: exempt and non-exempt. Non-exempt employees are entitled to overtime pay, and exempt employees are not.

  5. This fact sheet provides general information concerning what constitutes compensable time under the FLSA. The Act requires that employees must receive at least the minimum wage and may not be employed for more than 40 hours in a week without receiving at least one and one-half times their regular rates of pay for the overtime hours.

  6. 10 Αυγ 2021 · Yes. The Department of Labor (DOL) states in the 2004 overtime exemptions preamble to the final regulations that employers may require exempt employees to record and track hours and to work a ...

  7. 5 Μαρ 2021 · The key is to pay exempt employees their weekly salary without any reduction for quality or quantity of work. In general, a reduction of an exempt employee’s weekly salary violates the...

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