The Department of Labor (DOL) is the federal agency that enforces the wage and hour laws in the United States. But states and often cities also have specific laws for their citizens. This is a not-so-concise list of all laws that business leaders need to be aware of, based on the most recent research*.

What Are Federal Labor Laws?

The Fair Labor Standards Act (FLSA) oversees the federal minimum wagefor covered nonexempt (non-salaried) employees. Minimum wage is $7.25 per hour. Tipped employees must be paid a minimum wage of at least $2.13 an hour if the following three factors are met:

• The $2.13 plus any tips received must equal at least $7.25
• The employee must keep all tips
• The employee typically earns more than $30/month in tips

States that have higher minimum wages are indicated in the chart below.

FLSA also mandates overtime pay laws. Non-exempt employees receive overtime pay of time-and-a-half per workweek for any hours worked over 40.

Keep in mind, employers are required by law to display an official poster within easy view (such as in a breakroom or cafeteria) outlining FLSA guidelines.

What Employee Records Should I Keep?

Per the FLSA, employers are required to keep the following employee information and retain records for at least three years:

• Employee’s full name
• Social Security number
• Full home address
• Birth date
• Sex and occupation
• Time and day of week when employee’s workweek begins
• Hours worked each day
• Total hours worked each workweek
• Basis on which wages...

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