Short Answer: This applies to employees of companies with annual sales exceeding $500,000 and those involved in interstate commerce.
Full Answer: The Fair Labor Standards Act (FLSA) mandates the federal minimum wage for employees of businesses with an annual gross volume of $500,000 or more. It also covers employees of smaller firms if they are engaged in interstate commerce or produce goods for such commerce.
This includes workers in transportation and communications or those who regularly use mail or telephones for interstate activities.
Additionally, federal, state, or local government employees, hospitals, schools, and domestic workers are generally covered.
However, the FLSA has several exemptions for certain employees, such as executive, administrative, professional, and seasonal workers. The Wage and Hour Division provides a Handy Reference Guide to help you understand the law.
General Federal Standard: The FLSA establishes minimum wage coverage and exemptions based on the type and size of the business and the nature of the employee's work.
Link to a legislative resource from trusted sources: U.S. Department of Labor - Handy Reference Guide to the FLSA
Full Answer: The Fair Labor Standards Act (FLSA) mandates the federal minimum wage for employees of businesses with an annual gross volume of $500,000 or more. It also covers employees of smaller firms if they are engaged in interstate commerce or produce goods for such commerce.
This includes workers in transportation and communications or those who regularly use mail or telephones for interstate activities.
Additionally, federal, state, or local government employees, hospitals, schools, and domestic workers are generally covered.
However, the FLSA has several exemptions for certain employees, such as executive, administrative, professional, and seasonal workers. The Wage and Hour Division provides a Handy Reference Guide to help you understand the law.
General Federal Standard: The FLSA establishes minimum wage coverage and exemptions based on the type and size of the business and the nature of the employee's work.
Link to a legislative resource from trusted sources: U.S. Department of Labor - Handy Reference Guide to the FLSA