Fair Labor Standards Act FLSA
Fair Labor Standards Act (FLSA) And Employees’ Overtime This paper will define and explain overtime, discuss certain circumstances that would require and authorize overtime for employees and explain compensatory time for employees under the FLSA. ... Under the FLSA, non-exempt employees (employees who are not exempt from the FLSA requirements of overtime pay) must be paid time and a half for any work done in excess of 40 hours per week. Under the FLSA, professionals must be paid on a salary or fee basis to qualify for the exemption from overtime pay. ... Under FLSA regulations, fee basis arrangements are characterized by the payment of an agreed sum for a single job regardless of the time required for its completion. ... A non-exempt employee is one that is in a position deemed non-exempt by the FLSA and therefore, subject to the overtime provisions of the FLSA. ... Compensatory time for exempt employees (or compensatory leave) is leave time that may be granted for additional work by regular, full-time exempt employees who are not eligible for overtime pay as prescribed in the FLSA regulations. ... An exempt employee is one that is in a position not subject to the overtime provisions of the FLSA, which include professionals, administrators and executives and are paid monthly. ... They are listed as the following: · FLSA compensatory time (1. ... When the non-exempt employee is granted compensatory time under FLSA for overtime work, the following guidelines apply: · An employee may not accrue more than 240 total hours of compensatory time for overtime hours worked. ... · Any FLSA compensatory time not taken within 12 months or such compensatory time in excess of the 240 hour accrual maximum must be paid at a rate equal to one and one-half times the employee’s current rate. · Accrued FLSA compensatory time must be paid to the employee upon termination. ... · When a non-exempt employee transfers to an exempt position, the transferring department at the time of the transfer must pay FLSA compensatory time. ... However, in unavoidable circumstances, such as peak load periods and emergencies, non-exempt employees will be compensated for overtime and extra hours worked in accordance with the policy and procedures outlined in the FLSA guidelines.