Fair Labor Standards Act Flashcards, test questions and answers
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What is Fair Labor Standards Act?
The Fair Labor Standards Act (FLSA) is a federal law that governs the payment of wages, overtime pay, and other labor standards for employees in the United States. The FLSA was passed in 1938 and has since been amended numerous times to add or strengthen protections for workers. The FLSA sets minimum wage rates, establishes rules on overtime pay, regulates child labor laws, and ensures that workers receive their full wages regardless of the form in which they are paid. The FLSA requires employers to pay workers at least a certain minimum wage for all hours worked up to 40 hours per week. This minimum wage rate is currently set at $7.25 per hour; however, some states may have higher minimum wage rates which must be followed by employers instead. Additionally, employers must pay overtime (1.5 times regular rate) for any hours worked over 40 per week unless the employee is classified as exempt from the overtime requirements due to their job duties or salary level. Under the FLSA’s child labor provisions, children under 18 years old are not permitted to work in hazardous occupations or during school hours without permission from their school district or parents (or guardians). Furthermore, minors aged 14-15 may only work outside of school hours and with restrictions on total weekly hours and types of jobs they can perform; minors aged 16-17 may work more than 8 hours per day but no more than 48 hours per week while performing non-hazardous jobs such as retail or customer service positions. Finally, by requiring employers to provide payments such as tips or bonuses separately from an employee’s base wages and ensuring that employees receive their full wages regardless of how it is paid (cash/check), the FLSA helps ensure that all employees are being properly compensated for their hard work. Furthermore, if employers fail to comply with these requirements they can face stiff penalties including fines and potential jail time depending on the severity of violation(s).