The Fair Labor Standards Act, as amended, is a Federal statute of
general application which establishes minimum wage, overtime pay, and
child labor requirements that apply as provided in the Act. All
employees, whose employment has the relationship to interstate or
foreign commerce which the Act specifies, are subject to the prescribed
labor standards unless specifically exempt from them. Employers having
such employees are required to comply with the Act's provisions in
this regard unless relieved therefrom by some exemption in the Act. Such
employers are also required to comply with specified recordkeeping
requirements contained in part 516 of this chapter. The law authorizes
the Department of Labor to investigate for compliance and, in the event
of violations, to supervise the payment of unpaid wages or unpaid
overtime compensation owing to any employee. The law also provides for
enforcement in the courts.