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The federal law requiring employers to pay overtime compensation to employees is the Fair Labor Standards Act (FLSA). The FLSA was passed in 1938 to ensure a number of different “fair labor standards,” the most notable of which is the requirement that most employees be paid overtime. There are several additioanl overtime pay requirements outlined by the FLSA and its regulations, such as properly calculating a workweek, when to pay overtime, what notices an employer must post in the workplace, the fact that the right to overtime protection may not be waived by an employee, and properly calculating employees' regular rates of pay.