What is FLSA?
The Fair Labor Standards Act (FLSA) establishes certain minimum wage, overtime pay, record-keeping and child labor standards for employers. Regulations issued by the federal government guide employers in determining whether a position should be “exempt” (not entitled to overtime pay) or “nonexempt” (entitled to time-and-one-half overtime pay), commonly known as the FLSA designation or FLSA exemption status.
