The NFIB Small Business Rundown podcast offers small business owners an inside source in Washington, D.C. and the nation’s state capitals. Hosted by NFIB Vice President of Advocacy Adam Temple, the podcast covers the issues that small business owners care about. Recent episodes featured explanations of Wage & Hour laws, the future of the Small Business Deduction, and a recent small business health insurance survey.
Episode 4: Wage and Hour Laws Explained
Beth Milito, Executive Director of the NFIB Small Business Legal Center, explained the Fair Labor Standards Act (FLSA) and its impact on small business owners.
“The goal of FLSA is to make sure employees are treated fairly when it comes to wage and hour issues,” Milito said. “What this means is that courts and the U.S. Department of Labor, the federal agency that is charged with enforcing FLSA, interpret FLSA as broadly as possible. While some exceptions might come in play, such as the overtime exception for certain executive employees, the vast majority of employees in the United States are covered by the Fair Labor Standards Act.”
Milito explained various aspects of FLSA compliance, such as:
“FLSA law is complicated and there’s no shame in...
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