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As a business owner, executive or human resources professional, you are obligated to be well-informed when it comes to employment law at the federal, state and local levels. This is not an easy task. Even when the Presidential Administration remains constant for an eight-year period, it can feel like a roller coaster ride adapting to regulation changes already in effect and preparing for new legislation being rolled out.
Now, with the 2016 election behind us, we need to prepare for a Presidential administration that will likely bring significant change to the world of employment law. Here are some insights related…
Let’s start with some basics for those of you who may not be familiar with the Fair Labor Standards Act (FLSA). This law has many components that can be bucketed into five categories.
First, the law covers Minimum Wage which as of July of 2009 is $7.25. Some states have their own minimum wage laws and employees are entitled to be paid at the higher rate.
The FLSA also covers overtime and regulates how and when businesses must pay their employees for overtime hours worked.
The FLSA defines “hours worked” so employers know when they are or are not obligated to pay…
