Fair Labor Standards Act 2024. Unless exempt, employees covered by the act must receive overtime pay for hours. The final rule updates and revises the regulations issued under section 13(a)(1) of the fair labor standards act implementing the exemption from minimum wage and overtime pay requirements for executive, administrative, and professional (eap).

What is the fair labor standards act? Department of labor announced a final rule, defining and delimiting the exemptions for executive, administrative, professional, outside sales,.