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Fair Labor Standards Act: Rules Impacting Overtime and Exemption Status Free Client Teleconference Tuesday, September 20, 2016 2:00 EST Wednesday, October 12, 2016 2:00 EST Presented by Bill Ford
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01
Determine if your business is covered by the Fair Labor Standards Act (FLSA).
02
Establish and maintain accurate records of all employees' hours worked, wages paid, and other relevant information.
03
Determine the federal minimum wage and ensure that all employees are paid at least this amount.
04
Classify employees as either exempt or non-exempt from overtime pay provisions based on their job duties and salary level.
05
Calculate and pay overtime for non-exempt employees who work more than 40 hours in a workweek.
06
Ensure compliance with child labor laws if your business employs workers under the age of 18.

Who needs fair labor standards act?

01
Employers who are covered by the Fair Labor Standards Act (FLSA) and have employees engaged in interstate commerce or the production of goods for interstate commerce.
02
Employees who are entitled to receive fair wages, overtime pay, and protection from child labor practices.
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The Fair Labor Standards Act (FLSA) is a federal law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers in the private sector and in federal, state, and local governments.
Employers who are covered by the Fair Labor Standards Act are required to comply with its provisions.
Employers must keep accurate records of hours worked, wages paid, and other information required by the FLSA. They must maintain this information for at least three years.
The purpose of the Fair Labor Standards Act is to ensure that workers are paid fairly for their work, including receiving minimum wage and overtime pay when applicable.
Employers must report information such as hours worked, wages paid, and any overtime pay provided to employees.
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