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1 FLSA Overtime: Covered nonexempt employees must receive overtime pay for hours worked over 40 per workweek (any fixed and regularly recurring period of 168 hours &#151 seven consecutive 24-hour periods) at a rate not less than one and one-half times the regular rate of pay.overed nonexempt workers are entitled to a minimum wage of not less than $7.25 per hour effective July 24, 2009. Overtime pay at a rate not less than one and one-half times the regular rate of pay is required after 40 hours of work in a workweek.
fair labor standards act of 2004 the flsa defines the rules that govern overtime pay if an employee is eligible for overtime he is considered nonexempt if an employee is not eligible for overtime pay he is considered exempt exempt employees are on salary but not all salaried employees are exemptany small business owners believe that they do not have to pay overtime to any employees on a salaried pay plan