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FLSA: What You Need To Know

This quick reference guide discusses what is FLSA, its applicability and common FLSA violations

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FLSA: What You Need To Know

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  1. FLSA: What You Need To Know

  2. What does FLSA do? Fair Labor Standards Act (FLSA) : • Sets standards for minimum wage and overtime pay • Establishes record keeping standards • Prescribes child labor standards FLSA does not regulate: • vacation, holiday, severance, or sick pay • meal or rest periods, holidays off, or vacations • premium pay for weekend or holiday work • pay raises or fringe benefits • discharge, termination, or final payment procedures

  3. What are Basic Provisions of FLSA? • Minimum Wage and Overtime Pay Requirements • Record Keeping Requirements • Child Labor Restrictions

  4. Who is Covered Under FLSA? FLSA offers two types of coverage: Enterprise coverage Enterprises with: • At least two employees • At least $500,000 a year in business Individual coverage Workers who are engaged in: • Interstate commerce • Production of goods for commerce • Closely related process or occupation directly essential to such production (CRADE) • Domestic service

  5. FLSA Exemptions The FLSA provides an exemption from overtime pay for following employees: • Executive • Administrative • Professional • Outside sales employees • Computer employees • Highly Compensated Employees

  6. Common FLSA Violations Some common FLSA violations include: • misclassification of employees as exempt • improper payment/no payment for break time, training time, on-call time and travel time • inappropriately providing compensatory time off • inaccurate records

  7. Want to learn more about FLSA, its requirements and best practices to comply with them? ComplianceOnline webinars and seminars are a great training resource. Check out the following links: • Fair Labor Standards Act: Are Your Employees Classified Correctly? • The In's and Out's of FLSA • How to Conduct FLSA Classification Self-Audit • Avoiding Costly Wage and Hour Problems • How to Pay Overtime Correctly under FLSA • Handling Supplemental Pay Under the FLSA

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