StacksVerified U.S. regulatory reference

29 CFR §516.24

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
With respect to each employee to whom both sections 6 and 7(f) of the Act apply, the employer shall maintain and preserve payroll or other records containing all the information and data required by § 516.2(a) except paragraphs (a) (8) and (9), and, in addition, the following:
  1. (a)Total weekly guaranteed earnings,
  2. (b)Total weekly compensation in excess of weekly guaranty,
  3. (c)A copy of the bona fide individual contract or the agreement made as a result of collective bargaining by representatives of employees, or where such contract or agreement is not in writing, a written memorandum summarizing its terms.