Fair Labor Standards Act: White-Collar Exemptions Need Adjustments for Today's Work Place

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed the white-collar exemptions to the Fair Labor Standards Act (FLSA), focusing on: (1) how shifts in the American economy have affected the exemptions in today's work place; (2) how the regulations underpinning the exemptions have changed in the decades since the enactment of the FLSA; (3) why both employer and employee representatives believe that adjustments are needed to update the regulatory structure; and (4) why the need to balance the interests of both employers and employees suggests that comprehensive review is key to equitable regulatory reform.