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Fair Labor Standards Act (FLSA)

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What is the Fair Labor Standards Act (FLSA)
Overview
According to the Fair Labor Standards Act (FLSA):
“The FLSA sets minimum wage, overtime such as how many hours and what the pay is, record keeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments.”

FLSA Minimum Wage: Instances as to where an employee is subject to both state and federal minimum wage laws the higher of the two is to be given to the worker.
FLSA Overtime: A bare minimum of $7.25 an hour to all workers is required by law since July 24, 2009. And after reaching 40 hours in a work week each additional hour is to be compensated with one and a half times the amount. A work week as defined by the FLSA is ”any …show more content…
Child Labor: Provisions are set in place that protect minors from working in an unsafe workplace, also to prevent no ill effects towards the child's education.
Common Minimum Wage Questions and Answers
What is the bottom rate you can pay at establishments where workers receive tips?
According to the federal mandate, $2.13 an hour must be paid to workers that receive tips. It is required that monthly tips in addition to the $2.13 hourly rate adds up to at least the minimum wage. If an employee's tips combined with the employer's direct wages of at least $2.13 an hour do not equal the Federal minimum hourly wage, the employer must make up the difference. When state and federal laws conflict you are to pay the greatest of benefits to the employee.

Are raises mandatory?
Pay raises are determined solely by the employer. Sometimes these terms are agreed upon at the time of hire and occur when specific milestones are reached, such as an employee being reviewed for a raise following the first 30 days of employment and according to their work …show more content…
How do you to calculate severance pay?
Only the minimum wage pay along with overtime regulation are to be met according to the regulations set forth by the Fair Labor Standards Act, the rest is an agreement with your employer.

Implications of the Federal Minimum Wage on Society
Making bottom dollar is an important topic as so much is tied to these low pay jobs. Without these workers, systematic practices of our society would be drastically different. Much respect should be given to those people who take on many important, even life-saving, and or dangerous jobs.

Federal and state governments both have laws in place keeping a person from working for pennies, although many already feel exploited working at the minimum. As of now, the minimum standard is thought of by many as severely underpaid in many states. Raising the minimum can make or break a local economy because it’s precariously balanced and takes a well-thought-out plan when considering these kinds of laws. In a perfect world, everyone would be rich that was employed, but the reality is people do what they have to in order to make it because the world falls very short unto

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