According to the 2010 MonsterCollege Survey from Monster.com®, 81% of the 1,250 future graduates surveyed expect to graduate with at least one internship under their belt, up from 77% in 2009. Combine a growing desire for real-world experience with tight workplace budgets and you've got all the makings for a wage-and-hour disaster.
Fearful that employers are taking advantage of students, the U.S. Department of Labor (DOL) released a new fact sheet designed to help employers determine whether interns must be paid minimum wage and overtime under the Fair Labor Standards Act () for the services that they provide to for-profit, private-sector employers.
Under the FLSA, individuals who are "suffered or permitted" to work must be compensated for the services they perform. The DOL most often views internships in the for-profit private sector as compensable employment, unless participants qualify as trainees, an...(register to read more)