[dragonwriter]

> Having a law that literally forbids worker compensation

The law doesn’t forbid overtime for people making over the listed amount, it means that employers aren’t federally mandated to pay overtime (and certain other things) for employees making above a certain base-pay threshold.

Not only is it allowed to pay overtime to people making over the federal threshold, there are states where it is mandatory – just as with minimum wage, there are states that have exemption pay thresholds (and other exemption requirements) that make many federally-exempt jobs not exempt under state law, such that overtime pay is still required.