Dol fls mwo02 2025

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The law covers minimum wage, overtime pay, hours worked, record keeping, and youth employment standards for employees both in the private sector and in federal, state, and local governments. The Fair Labor Standards Act is administered by the Wage and Hour Division of the Department of Labor (DOL).
An employees regular rate includes all remuneration for employment, subject to eight exclusions outlined in section 7(e) of the FLSA. Regular rate requirements define what forms of payment employers include and exclude in the time and one-half calculation when determining workers overtime rates.
FLSA is the Fair Labor Standards Act. The reason its a line item on your pay stub is that it sets federal standards for overtime pay. How the union contract calculates overtime doesnt meet the FLSA standard when youre over 40 hours/week.
Annual Minimum Wages Minimum Wage in:20252024 Colorado (if no local minimum applies) $14.81 $14.42 Denver City/County $18.81 $18.29 City of Edgewater $16.52 $15.02 Boulder County (only unincorporated areas) $16.57 $15.691 more row
The FLSA requires that most employees in the United States be paid at least the federal minimum wage for all hours worked and overtime pay at not less than time and one-half the regular rate of pay for all hours worked over 40 hours in a workweek.
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The DOLs 2024 final rule increased this minimum salary threshold for EAP exempt employees from $684 per week to $844 per week (equivalent to $43,888 per year) on July 1 and mandated a second increase to $1,128 per week (equivalent to $58,656 per year) to take place January 1, 2025.

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