Entering into an employer-employee relationship carries with it various rules and regulations, especially with respect to compensation and overtime pay. In other words, failing to pay your employees properly can have serious consequences, such as damage to your company’s reputation, expensive lawsuits and decreased employee morale. Whether you are a business concerned about compliance or are currently facing minimum wage claims, it is strongly advised that you consult with an experienced Florida employment law attorney.
An Overview of Federal and State Minimum Wage Laws
Under the Fair Labor Standards Act (FLSA) which establishes the federal minimum wage and overtime requirements, hourly employees are entitled to receive no less than $7.25 per hour, as of June 24, 2009. As long as the employee is 16 years of age or older, there is no limit to the number of hours that he or she can work, on either a daily or a weekly basis. However, the employer must pay the employee one and a half times their normal wage rate for every hour worked over the regular 40-hour workweek. Despite a few narrow exceptions, the federal minimum wage laws affect most employees, meaning that very few employers are exempt from the wage and overtime requirements as set by FLSA.