Right to full compensation

(a) In general The Fair Labor Standards Act of 1938 is amended by inserting after section 7 (29 U.S.C. 207) the following: 8. Right to full compensation (a) In general In the case of an employment contract or other employment agreement, including a collective bargaining agreement, that specifies that an employer shall compensate an employee (who is described in subsection (b)) at a rate that is higher than the rate otherwise required under this Act, the employer shall compensate such employee at the rate specified in such contract or other employment agreement. (b) Employee engaged in commerce The requirement under subsection (a) shall apply with respect to any employee who in any workweek is engaged in commerce or in the production of goods for commerce, or is employed in an enterprise engaged in commerce or in the production of goods for commerce.. (b) Conforming amendment The Fair Labor Standards Act of 1938 is amended by repealing section 10 (29 U.S.C. 210).