Fair Labor Standards Act Of 1938 (FLSA) This is a federal law that governs, amongst other things, child labor law, minimum wage and record-keeping requirements. Learn about compensation planning tools ...
Fair Labor Standards Act (FLSA) act enacted in 1938 that applies to workers involved in interstate commerce. It sets standards with respect to working conditions, including such aspects as minimum wage and working hours.
FAIR LABOR STANDARDS ACT - a U.S. federal law that enforces a group of minimum standards that employers... FAIR LENDING PRACTICES REGULATIONS - the Office of Thrift Supervision regulations that pertain to the a...
Fair Labor Standards Act of 1938 A federal Act creating standards of overtime pay, minimum wages, and payroll recordkeeping. Walsh-Healey Public Contracts Act of 1936 ...
Fair Labor Standards Act: The federal law that sets such rules as those for child labor and workers' minimum wage and overtime pay. Federal: Having to do with government on a national level.
Fair Labor Standards Act - FLSA A United States law which sets out various labor regulations regarding interstate commerce employment, including minimum wages, requirements for overtime pay and limitations on child labor.
[3] In the United States, the Fair Labor Standards Act defines outside sales representatives as "employees [who] sell their employer's products, services, or facilities to customers away from their employer's place(s) of business, in general, ...
'Liquidated damages' awarded under a Fair Labor Standards Act of 1938 (FLSA) settlement are not wages for federal employment tax purposes. Rev. Rul. 72-268.
The Fair Labor Standards Act establishes a minimum wage at the federal level that all states must abide by. Fourteen states and a number of cities have set their own minimum wage rates that are higher than the federal level.
In the United States, amendments to the Fair Labor Standards Act have increased the federal minimum wage from $.25 per hour in 1938 to $5.15 in 1997.
Both sides of the minimum wage issue present strong, well-supported arguments, but there has rarely been an organized effort to repeal the 1938 Fair Labor Standards Act which created it.
See also: Minimum wage, Overtime, Compensation, Expense, Contractor
 
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