Compensation for the work you do is very likely to be a key part of what takes you to the offce each day. This course gives you a basic overview of the Fair Labor Standards Act (FLSA), which sets standards for the basic minimum wage and overtime pay. The FLSA affects most private and public employment settings, and requires employers to pay covered employees who are not otherwise exempt at least the federal minimum wage and over time pay. You will also review the guidelines on exempt versus non-exempt status, compensable time, and record keeping requirements.