business of Medicine
Management Liability Toolkit
July 26, 2019
Overview of the Fair Labor Standards Act
Minimum wage and overtime
The Fair Labor Standards Act (FLSA) is a federal law that establishes minimum wage, overtime pay, recordkeeping, and other obligations for employers. Nonexempt workers – commonly referred to as hourly employees – are entitled to a minimum wage of not less than $7.25 per hour. Overtime pay at a rate not less than one and one-half times the regular rate of pay is also required after 40 hours of …
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