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| Fair Labor Standards Act | |
| A Federal law covering hourly employees. It requires that time and one-half be paid for all hours worked over 40 hours per week. (There are some tricky calculating methods.) Certain groups of employees are exempt, such as computer programmers, straight salary employees, etc. | |
| To what businesses does it apply? Any business that... | |
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| What are the time keeping requirements? | |
| The employer is responsible for insuring accurate time records. Employers are required to retain time and pay records for three (3) years. | |
| Who enforces it? | |
| Violations can be enforced by the government or the employee (via lawsuit). The government can conduct an audit of the firm's time records. If non-compliance is discovered, the employer must comply and pay back wages. | |
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