In the labor/employment legal community, attorneys frequently hear the following type of comments when questions are raised about employee compensation:
 

• “Everyone in my industry pays their employees this way.”
   
• “I pay that employee a salary so she isn’t entitled to any overtime.”
   
• “My employee asked to be paid this way and agreed to it in writing.”
   
• “My company is too small for anyone to sue over wage-hour issues.”

 
These comments are representative of “conventional wisdom” about wage-hour matters. Unfortunately, conventional wisdom usually flies in the face ...