March 13, 2014
MEMORANDUM FOR THE SECRETARY OF LABOR
SUBJECT: Updating and Modernizing Overtime Regulations
The Fair Labor Standards Act (the “Act”), 29 U.S.C. 201 et seq., provides basic rights and wage protections for American workers, including Federal minimum wage and overtime requirements. Most workers covered under the Act must receive overtime pay of at least 1.5 times their regular pay rate for hours worked in excess of 40 hours per week.