Table of Contents
- 1 What is the purpose of the Fair labor Standard Act quizlet?
- 2 What is the purpose of labor standards?
- 3 What employees are exempt from the Fair Labor Standards Act?
- 4 Which countries do not have the Fair Labor Standards Act?
- 5 What is the difference between labor standards and labor relations?
- 6 What are the three major provisions of the Fair Labor Standards Act?
- 7 What are two things did the Fair Labor Standards Act do?
- 8 What is the purpose of the FLSA?
What is the purpose of the Fair labor Standard Act quizlet?
The Fair Labor Standards Act (FLSA) is a federal employment law that defines employer obligations relating to employee wages, hours, overtime, and child labor. The FLSA applies only to employers whose annual sales total $500,000 or more or who are engaged in interstate commerce. the law covers nearly all workplaces.
Who does the Fair Labor Standards Act help?
The FLSA applies only to employers whose annual sales total $500,000 or more or who are engaged in interstate commerce. You might think that this would restrict the FLSA to covering only employees in large companies, but, in reality, the law covers nearly all workplaces.
What is the purpose of labor standards?
Labor standards are frequently used to develop labor variances. In particular, the amount of time stated in a standard is compared to the amount of actual labor experienced, which results in a labor efficiency variance.
What are 5 provisions of the Fair Labor Standards Act?
Provisions of the FLSA that are of current interest to Congress include the basic minimum wage, subminimum wage rates, exemptions from overtime and the minimum wage for persons who provide companionship services, the exemption for employees in computer-related occupations, compensatory time (“comp time”) in lieu of …
What employees are exempt from the Fair Labor Standards Act?
The five primary exemptions are executive, administrative, professional, computer, and outside sales employees.
Can you describe Fair labor Standards?
The Fair Labor Standards Act (FLSA) is a federal law which establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers in the private sector and in federal, state, and local governments.
Which countries do not have the Fair Labor Standards Act?
Since each industry may require vastly different things from its employees, it makes sense the minimum wage varies from business to business. Five developed nations without legal minimum wage requirements are Sweden, Denmark, Iceland, Norway, and Switzerland.
What are the three main Labour laws?
South Africa has three main labour laws, namely the Basic Conditions of Employment Act, the Labour Relations Act, and the Employment Equity Act.
What is the difference between labor standards and labor relations?
Labor relations – refers to that part of labor law which regulates the relations between employers and workers. Labor standards – refers to that part of labor law which prescribes the minimum terms and conditions of employment which the employer is required to grant to its employees.
What is the 8 44 rule?
There’s the 8/44 rule that states any extra hours worked over 8 hours a day or 44 hours a week (whichever is greater) is considered to be overtime. So, if you work 9 hours for 3 days and regular 8 hours for the rest 2 days, you’re not entitled to receive overtime payment.
What are the three major provisions of the Fair Labor Standards Act?
The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments.
What are my rights as an exempt employee?
Rights of Exempt Employees Under the overtime rules for the FLSA, an exempt employee is granted no rights. An employer is not restricted by the FLSA from asking exempt employees to work certain schedules or punch a clock. Employers can even ask exempt employees to work more hours to make up for absences.
What are two things did the Fair Labor Standards Act do?
The Fair Labor Standards Act (FLSA) was enacted to set forth the standards for minimum wage requirements, overtime payments, necessary recordkeeping provisions, and child labor in the U.S., which affect those employees working both on a full-time and part-time basis in the federal, state, and local government as well as in the private sector.
What did the Fair Labor Standards Act accomplish?
The Fair Labor Standards Act (FLSA) is a United States Federal law that was enacted in 1938. It protects workers by setting standards for minimum wage, overtime pay, recordkeeping and youth labor.
What is the purpose of the FLSA?
The Purpose of FLSA. The Fair Labor Standards Act (FLSA) enacted in 1938, is the nation’s basic law regulating the wages and hours of employees for private and public sector employers.
Who’s exempt from the Fair Labor Standards Act?
Key Takeaways An exempt employee is an employee that does not receive overtime pay or qualify for minimum wages. Exempt employees stand in contrast to non-exempt employees, which are paid minimum wage and overtime above the standard 40-hour workweek. The details and rules governing exempt and non-exempt employees are covered by the Fair Labor Standards Act (FLSA).