Fair Labor Standards Act (FLSA) - Definition

1. What is the purpose of the Fair Labor Standards Act FLSA?
2. What are FLSA requirements?
3. What does FLSA OT mean?
4. What does FLSA category mean?
5. Who does the Fair Labor Standards Act apply to?
6. Who is exempt from the Fair Labor Standards Act?
7. What jobs are not covered by FLSA?
8. What is a FLSA violation?
9. What qualifies as an exempt employee 2020?

What is the purpose of the Fair Labor Standards Act FLSA?

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

What are FLSA requirements?

The FLSA requires that most employees in the United States be paid at least the federal minimum wage for all hours worked and overtime pay at not less than time and one-half the regular rate of pay for all hours worked over 40 hours in a workweek.

What does FLSA OT mean?

The federal overtime provisions are contained in the Fair Labor Standards Act (FLSA). Unless exempt, employees covered by the Act must receive overtime pay for hours worked over 40 in a workweek at a rate not less than time and one-half their regular rates of pay.

What does FLSA category mean?

The Fair Labor Standards Act (FLSA) is best known as the law determining the exempt or nonexempt status of jobs and overtime requirements. ... The Fair Labor Standards Act is administered by the Wage and Hour Division of the Department of Labor (DOL).

Who does the Fair Labor Standards Act apply to?

The FLSA applies only to employers whose annual sales total $500,000 or more or who are engaged in interstate commerce. You might think that this would restrict the FLSA to covering only employees in large companies, but, in reality, the law covers nearly all workplaces.

Who is exempt from the Fair Labor Standards Act?

Highly compensated employees performing office or non-manual work and paid total annual compensation of $107,432 or more (which must include at least $684* per week paid on a salary or fee basis) are exempt from the FLSA if they customarily and regularly perform at least one of the duties of an exempt executive, ...

What jobs are not covered by FLSA?

Who Is NOT Covered by the FLSA?

• Employees at businesses with fewer than two employees.
• Employees at businesses that have an annual revenue of less than $500,000 and who do not engage in interstate commerce[i]
• Railroad workers (covered instead by the Railway Labor Act)
• Truck drivers (covered instead by the Motor Carriers Act)

What is a FLSA violation?

Willful violations of the FLSA may result in criminal prosecution and the violator fined up to $10,000. ... The FLSA prohibits the shipment, offer for shipment, or sale in interstate commerce, of any goods produced in violation of the minimum wage, overtime pay, child labor or special minimum wage provisions.

What qualifies as an exempt employee 2020?

If the worker meets all the requirements of the duties test as an exempt employee, their minimum salary can be no less than the requirement for 2020: $35,568. An employee who doesn't meet the duties requirements and the salary minimum must be classified as nonexempt, or eligible for overtime pay.