The Fair Labor Standards Act is the driver that establishes minimum wage, record keeping, and overtime pay standards. Employees that benefit from this act include those in Federal, State, and Local government organizations, as well as those in the private sector. As of 24th July 2009, through this act, non-exempt workers are entitled to receiving a minimum wage of $7.25 per hour. Furthermore, when working overtime, the pay rate is no less than one and a half times the normal rate of pay. This applies if the work exceeds a 40-hour workweek.
This act also includes information on recordkeeping and expectations that employees must fulfill. This ensures that all employers are bound to having accurate records of employee time and pay records. Also, there are regulations guiding child labor so that educational opportunities for minutes are well protected to ensure their well-being.
The primary goal for the FLSA Act is to ensure that all workers are protected from basic unfair pay practices. It continues to change, with the minimum wage being adjusted several times since the inception of the act in 1983. All employers need to be well conversant with this act to properly deal with employee requirements.
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