State law limits on wage borrowing permit compensation schemes that promise to compensate all hours worked at a level at or above the minimum wage, even if particular components of those schemes fail to attribute to each and every compensable hour a specific amount equal to or greater than the minimum wage.  The no-borrowing principle–that an employer cannot “borrow” compensation it promised for certain hours of work to compensate for less than minimum wage paid for other hours of work–does not bar an employer from agreeing to compensate employees for all hours worked by formulas that are computed on less than all hours worked–so long as the compensation received exceeds the minimum wage for all worked hours.