Overview of the Fair Labor Standards Act

The Fair Labor Standards Act, or FLSA, was firstincrease from the Fair Minimum Wage Act in July
established in 1938. The FLSA is a US federal law2007. This minimum wage provision is not at
which governs several aspects of employment.simple as it sounds. For example, workers who
Most notably, the FLSA established a nationalreceive tips (waiters in a restaurant, for example)
minimum wage standard, outlined rules forare held to a different wage standard - they have
overtime pay, and prohibited most forms of childa minimum wage of just over $2 an hour,
labor. Since its creation 70 years ago, the FLSAprovided that this standard wage plus their tips
has undergone many major revisions. One recentaverages $5.85 or higher an hour.
amendment was passed by Congress in 2007.The second main role of the FLSA is the
This Fair Minimum Wage Act will incrementallydelineation of overtime pay rules. According to the
increase the minimum wage standard up to $7.25FLSA, workers must be paid time and a half for
an hour by the year 2009.overtime hours. In simplified form, this means that
The FLSA covers all employees engaged ina worker who puts in 50 hours in a single work
interstate commerce or employed by a companyweek must be paid 1.5 times his normal wage for
that engages in or produces goods for interstatethe 10 hours over 40 that he worked. Not all
commerce. Under the FLSA, the national minimumemployees are covered by this portion of the
wage is currently set at $5.85, after the latestFLSA.