Law360, New York (March 20, 2017, 12:34 PM EDT) -- The Fair Labor Standards Act requires most employers to pay most workers the minimum wage and to provide overtime pay at a rate of one and one-half times the minimum wage where workers exceed 40 hours per week. The U.S. Supreme Court noted long ago in Brooklyn Savings Bank v. O'Neil[1], that at the heart of this law is an "intent on the part of Congress to protect certain groups of the population from substandard wages and excessive hours which endangered the national health and well-being and the free flow of goods in interstate commerce[.]" There has nonetheless existed a continuous debate since then over the appropriate way to do so in light of changing economic conditions. This debate has involved not only the appropriate level of minimum wage, but also the rules for determining which employees are exempt from the FLSA's requirements....