TheFair Labor Standards Act (FLSA)is a federal law that sets minimum wage, overtime pay eligibility, recordkeeping, and child labor standards. Enacted in 1938, it ensures workers receive minimum compensation and protects them from exploitation. ...
Learn what to know about the Fair Labor Standards Act (FLSA). Discover how it impacts your business and what can happen if you don't comply.
Overtime The FLSA requires employers to pay overtime at 1 1/2 times the employee’s regular pay rate. Regular hours are hours worked up to 40 for the workweek; overtime hours are work hours that exceed 40 for the workweek. The FLSA does not require double-time pay (twice the employee...
They might add a “ghost employee” to the payroll system—AKA an employee who collects wages but doesn’t exist. According to the Fair Labor Standards Act (FLSA), the employer is ultimately responsible for keeping accurate records. So, if one of your employees is committing payroll fraud,...
According to the Fair Labor Standards Act (FLSA), which gave employees the right to earn a minimum wage and the right to overtime pay, an employer can also require an employee towork overtimeand fire them if they refuse to. The FLSA sets no limits on how many hours a day or week an...
Is regularly engaged away from the main business office Highly compensated employee exemption FLSA highly-compensated employeesare those who receive a high salary. To qualify, an employee must meet both of the following requirements: Receive annual compensation totaling $107,432 or more ...
Business and corporate law concerns the formation, day-to-day running, and dissolution of various types of business entities. Business owners, partners, shareholders, and members face many legal issues and inquiries in running a business. Indeed, business and corporate law is a broad term that in...
healthcare providers, therefore, regularly require employees who are not "exempt" from the "overtime" pay requirements of the FLSA to be "on call,"i.e., to be available on short-notice outside of scheduled working hours to meet the needs of their employer and its patients. Is that ...
The exempt employee category was created by the FLSA, which was passed in 1938. The watershed labor law protects workers against unfair pay practices and work regulations. The law changed greatly over the last 85 years, but it is still one of the most important labor laws in the history of...
The “tampon tax,” by contrast, is an actual sales tax that many states impose on feminine hygiene products, a cost that’s largely borne by menstruating girls and women (though also, in many cases, by their fathers or husbands).3This is a separate issue from the pink tax, and althoug...