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A COMPLETE GUIDE TO:Fair Labor Standards Act (FLSA) Department of Labor (DOL) Employee Classification & Overtime Rule Changes FAQ Specific to Independent Insurance AgenciesTABLE OF CONTENTS IN SUMMARY42024

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How to fill out fair labor standards act

01

Determine if your business is covered by the Fair Labor Standards Act (FLSA)

02

Classify your employees as either exempt or non-exempt from FLSA regulations

03

Keep accurate records of employee work hours, wages, and payroll information

04

Pay non-exempt employees at least the federal minimum wage and overtime pay for hours worked over 40 in a workweek

05

Display the required labor law posters in the workplace to inform employees of their rights under the FLSA

Who needs fair labor standards act?

01

Employers in the United States who engage in interstate commerce and have employees engaged in the production of goods for interstate commerce or in the provision of services for interstate commerce need to comply with the Fair Labor Standards Act.

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What is fair labor standards act?

The Fair Labor Standards Act (FLSA) is a federal law that establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in federal, state, and local governments.

Who is required to file fair labor standards act?

Employers are required to comply with the Fair Labor Standards Act and ensure that their employees are paid at least the federal minimum wage and receive overtime pay when they work more than 40 hours in a workweek.

How to fill out fair labor standards act?

Employers can fill out the Fair Labor Standards Act by accurately documenting employees' hours worked, wages paid, and any overtime hours worked. Employers must also keep thorough records to ensure compliance with the FLSA.

What is the purpose of fair labor standards act?

The purpose of the Fair Labor Standards Act is to protect workers by establishing minimum wage, overtime pay, and other workplace standards to ensure fair treatment and compensation for employees.

What information must be reported on fair labor standards act?

Information that must be reported on the Fair Labor Standards Act includes employees' hours worked, wages paid, any overtime hours worked, and other relevant employment information to ensure compliance with FLSA regulations.

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