Overtime pitfalls: The lurking traps

A rash of wage-and-hour lawsuits is drawing attention to the often-overlooked complexities of overtime pay laws. Think you don't owe overtime? Check our gallery of potential tripwires.

Illustrations by Terry Allen for Fortune Small Business.

Extra Hours
Extra Hours
Can an employer establish a 50-hour workweek?

No and yes. Employers can set any length of workweek; the FLSA doesn't enforce a legal minimum or maximum number of hours. But if an employee is nonexempt, her boss must pay overtime past 40 hours. If she is exempt, however, an employer can require the additional hours at a set salary - and dock her pay if she doesn't comply. But her check can't dip below the $455 a week threshold without potentially invalidating her exemption.

Last updated January 22 2008: 8:59 AM ET

The $23,660 Rule

"Executive" Assistant

IT Employees

Extra Hours


Comp Time

Stock Options

The Cog Factor

The Overtime Bomb
Why are more and more couples risking romance to launch a business together? How do the successful ones make it work? Five couples - and one ex-couple - share their stories and strategies. (more)
The 150,000 nerds that swarmed to Vegas from around the world didn't witness the birth of the next iPhone or similar blockbuster. In the words of FSB tech columnist Jonathan Blum: "In 2008, the tech thing will be sort of like going to Costco: You'll have to be prepared to dig a bit to get the really good stuff." (more)
Small businesses and artisans are creating some of the most alluring jewelry, housewares, edibles and other indulgences. Check out FSB's picks. (more)