InstituteOverview (Level 1)CompensationAssociate Benefits & CompensationCompensationHuman ResourcesEnglishAnalysisFocus AreaUSA
Compensation
['Compensation']

The Fair Labor Standards Act (FLSA) requires employers to compensate their nonexempt employees at least the minimum wage, and to pay them overtime at one and one-half their regular pay for more than 40 hours of work per week. However, compensation involves more than just these two simple rules. Organizations need to determine their compensation structure and policies. These, of course, should be in line with the organization’s goals.