Low-wage laborers in the United States can be exempt from the minimum wage if a sizable portion of their income is derived fromtips. A lower minimum wage of $2.13 per hour as of January 2024 may apply to tipped employees who regularly receive more than $30 in tips per month or if the...
Minimum Wage: Federal Minimum Wage requirements by state Author: Meryl Gutterman, Nukk-Freeman & Cerra, P.C. Summary The Fair Labor Standards Act requires an employer to pay all nonexempt employees at least the federal minimum wage (currently $7.25 an hour) for all hours worked. See Minimu...
What Is the Main Federal Law Protecting Employees? The Fair Labor Standards Act is the federal law that sets standards related to minimum wage, overtime pay, child labor, leave, and more. Most private and public employers must adhere to the standards set out by FLSA. What Federal Law Protec...
Minimum wage for tipped employees The FLSA currently permits a tip credit, which reduces the federal minimum wage for tipped employees. Tipped employees can have a lower base wage because their tips should make up the rest of their wages. ...
Federal job applicants, employees, and independent contractors are exempt from this law. Equal Pay Act The Equal Pay Act requires employers to provide equal pay to men and women for equal work. However, employers are allowed to pay men and women different salaries even if they are doing the ...
Executive Summary The FLSA requires covered employers to pay their nonexempt employees at least the Federal minimum wage for every hour worked and overtime pay for every hour worked over 40 in a workweek, and it mandates that employers keep certain records regarding their employees. A worker who...
The DOL is responsible for interpreting the law and setting precise business rules. These rules establish when employers must pay overtime to employees, the rate at which workers earn overtime pay and which types of employees are exempt from overtime protections. [Are you interested in a solutio...
Overtime pay can be a tricky concept to grasp. Learn what overtime rules you have to follow and how to calculate overtime with our guide.
Federal employment law guarantees most employees at least 12 weeks of unpaid, job-protected medical leave. Federal employment law determines the minimum wage and what makes an employee eligible for overtime pay. Federal Employment Laws Federal employment laws regulate hiring, wages, hours and salary,...
For the most part, though, Noah Finkel–partner at the Chicago-based law firm Seyfarth Shaw–expects that most employers will find that they’ve correctly classified their employees with regard to this new minimum-salary threshold. But the increase on January 1 could be more significant, he say...