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    Federal Labor Standards Act (FLSA) Overtime Security Advisor


    Brought to you by Media Ray, Inc - Seeking to serve: Brokers, RIA's, Financial Advisors, Financial Analysts, Financial Planners, Registered Representatives (Registered Reps), Brokerage Management, and other Financial Services Professionals.




    The Fair Labor Standards Act (FLSA), which was first enacted in 1938, includes minimum wage, overtime pay and child labor protections for workers in the United States. The FLSA has always included exemptions for certain executive, administrative, professional and outside sales workers. More recently, the Congress added exemptions for certain types of occupations in the computer field.

    To help workers and employers understand their rights and responsibilities under the Regulations, Part 541, the Department has developed this FLSA Overtime Security Advisor. DOL recently updated these regulations which became effective August 23, 2004.

    The Overtime Security Advisor is intended to help workers and employers identify: Those workers who are entitled to the minimum wage and overtime pay protections of the FLSA; and Those who, by law, are not subject to the FLSA's minimum wage and overtime pay requirements. Nothing in the FLSA or the Department's Regulations prevent an employer from paying a worker at or above the minimum wage or overtime pay even if the worker is not, by law, subject to the minimum wage or overtime pay requirements.

    The Overtime Security Advisor is intended to provide only general guidance. Actual application must be made on a case-by-case basis. The Labor Department - which has set new records for aggressive Wage and Hour enforcement - now has strong new standards in place to better protect workers' pay.

    As an employer, if you have additional questions to ensure that your workers are properly classified, please call 1-866-4USWAGE. As a worker, if you feel you are improperly being denied overtime, please go to www.dol.gov/fairpay where you can learn more about your FLSA rights and be directed on how to file a complaint with the Department of Labor, or if you have questions call 1-866-4USWAGE.

    Check out our select job listings, and forward your resume to be considered for submission to employers. In case you don't find a job that fits your employment needs exactly at the present time, submit your resume so that we will have it on file as new positions come available - please include a concise cover letter explaining your employment and career aspirations.

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    Seeking to serve: Brokers, RIA's, Financial Advisors, Financial Analysts, Financial Planners, Registered Representatives (Registered Reps), Brokerage Management, and other Financial Services Professionals.