Fair Labor Standards Act (“FLSA”) - AutoDealerCFO

fair Labor Standards Act ( flsa ) Under the flsa employees generally are entitled to receive an hourly rate or a hourly rate equivalent that is equal to or greater than the federal minimum wage rate and also receive an overtime premium pay of time and one half the regular rate of pay for hours worked in excess of forty (40) hours per week. The FSLA also contains a number of exemptions for the minimum pay and/or overtime requirements. The United States Department of Labor enforces the FSLA and the Department s Wage and Hour Division is the administrative unit that actually performs this task. Individual states pass Labor laws that may differ from the federal flsa and govern employers operating within the state.

Fair Labor Standards Act (“FLSA”) Under the FLSA employees generally are entitled to receive an hourly rate or a hourly rate equivalent that is equal to or greater than the federal minimum wage

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  Standards, Labor, Fair, Flsa, Fair labor standards act

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