The Fair Labor Standards Act (FLSA), enacted in 1938 as part of Franklin D. Roosevelt's New Deal, is a critical U.S. labor law that sets federal standards for minimum wage, overtime pay, employee classifications, recordkeeping, and child labor protections. The law has undergone various updates, including significant changes in 2024 related to salary thresholds for exempt employees, making compliance essential for employers. Click here for article.
Minimum Wage: FLSA established the federal minimum wage, currently $7.25 since 2009, although many states and cities set higher rates.
Overtime Pay: Non-exempt employees are entitled to overtime pay at 1.5 times their regular rate for working over 40 hours a week.
Exempt vs. Non-Exempt: The 2024 updates raised the salary threshold for exempt employees to $43,888, increasing again in 2025.
Recordkeeping & Child Labor: Employers must maintain detailed employee records, and the FLSA limits the work that minors can do based on age.
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