State and Federal Wage Laws May Differ, But Banking Employees Are Still Protected

Employees in the banking industry often have a hard time figuring out how wage-and-hour laws apply to their individual employment situations, and this difficulty is often complicated by the differences between state and federal labor laws. To help you make sense of how these laws work together, here’s a quick overview of how state and federal wage laws vary and why it matters to banking employees.

Why Do State and Federal Wage Laws Differ?

While it may be confusing to have different labor laws at the state and federal levels, the additional protection of state laws can be a big benefit for employees. Federal labor laws essentially set forth the minimum protection afforded to workers in the United States, and individual state laws generally increase that protection in some way, such as a higher minimum wage or additional regulations in some industries. If you have questions about how state and federal laws might apply to you and are having trouble getting the answers you need, don’t forget that you can take advantage of a free initial session with an experienced employment attorney.

What Do the Differences Mean for Banking Employees With Wage and Overtime Questions?

Generally, the law that is more beneficial to the employee is the law that applies, so banking employees are often better protected by the state wage laws that are in effect, and employers could be breaking the law even if they are adhering to the minimum federal standards. However, since many banking employees already fall into a confusing “gray area” when it comes to questions of overtime pay and wage rights, adding the confusion of separate state laws to the mix can be overwhelming without the guidance of an experienced legal ally.

Do you have questions about your employee rights? Don’t miss out on your free copy of our important book, 10 Biggest Mistakes That Can Hurt Your Wage and Overtime Claim, and don’t hesitate to reach out to our friendly Houston legal team if you need immediate assistance.