Inside the FLSA Minimum Wage Guidelines

The minimum wage rate is the lowest hourly pay that can be awarded to workers, also known as the pay floor.  The Fair Labor Standards Act (FLSA)[1] determines the minimum wage for employees in the private and public sectors, in both Federal and State governments. Under the FLSA, non-exempt employees must be paid the minimum wage or higher. All workers, except those who are considered by the FLSA to be exempt, must be paid a national minimum wage established by the US Congress. As of July 24, 2009, the current federal minimum wage is $7.25 per hour and has not increased since July 2009. However, some states, cities, and counties have a higher minimum wage rate. When the state, city or county minimum wage rate is higher than the federal rate, employers are required to pay workers the higher amount. As referenced above, there are exemptions from minimum wage. An exempt employee is a worker who is not subject to the minimum wage and overtime requirements of the FLSA. For…

Read more detail on Recent Corporate Law Department posts –

This entry was posted in Corporate Law and tagged , , , , . Bookmark the permalink.

Leave a Reply