Sales Incentive Compensation Act

Summary

Sales Incentive Compensation Act - Amends the Fair Labor Standards Act of 1938 to exempt from minimum wage recordkeeping and overtime compensation requirements any employee in a sales position, if the employee has: (1) specialized or technical knowledge related to products or services being sold; (2) sales which are predominantly made to persons to whom any employee in the sales position has made previous sales, or without the employee's having initiated the sales contact; (3) a detailed understanding of customers' needs, and discretion in offering a variety of products and services; and (4) a certain minimum rate of base compensation, and certain levels of additional compensation based on sales attributable to the employee. Makes this Act inapplicable to individuals employed as route sales drivers.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 June 2001

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• Introduced in House (PDF)

  Introduced in House · EN · 6 June 2001

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• Introduced in House

  summary · EN · 6 June 2001

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