Can my employer make a "different deal" with me for "OT?"
A. In almost all cases no. Employers and employees who are covered by the FLSA are not free to bargain for either a wage that is below the minimum wage, or for work in excess of 40 hours per week without paying a premium (typically time and a half) for overtime hours. Many employers wrongly believe that they can "cut a deal" with employees to avoid paying overtime rates – they cannot.