Bettina is a new Director of HR at Beale Street Sales in Memphis, a large restaurant supplier. She is surprised to learn that many managers in the company do not understand the Fair Labor Standards Act, and the managers believe that all five statements below are true. Bettina informs them that only one of these statements is true of the FLSA. Which one does she inform them is correct?

Bettina is a new Director of HR at Beale Street Sales in Memphis, a large restaurant supplier. She is surprised to learn that many managers in the company do not understand the Fair Labor Standards Act, and the managers believe that all five statements below are true. Bettina informs them that only one of these statements is true of the FLSA. Which one does she inform them is correct?

Our non$-$exempt employees must be paid at the rate of one and a half times their hourly rate for overtime worked beyond $40$ hours in a week.

Our non$-$exempt employees can volunteer to work overtime hours without pay as long as we're aware of it$.$

Our executive, professional, administrative, and outside sales employees must be paid overtime by law.

The state of Tennessee is prohibited from setting a minimum wage that is higher than the federal minimum wage.

We don't have to include bonuses in base pay when we calculate employees' hourly rate for determining overtime pay.