Fair Labor Standards Act July 2024 Amendment. The fair labor standards act (flsa) provides guidance across areas such as employee classification, minimum wage, overtime, the definition of hours worked, recordkeeping. The final rule updates and revises the regulations issued under section 13(a)(1) of the fair labor standards act implementing the exemption from minimum wage and overtime pay.

Since its passage in 1938, the fair labor standards act (flsa) has had—and continues to have—a remarkable impact on the workplace through requirements that most employees are. Supreme court issued a decision clarifying employers’ obligation to pay overtime under the federal fair labor standards act (flsa).