X

FLSA meaning in Accounts and Finance ?

( 5 )  .  1 Rating
1521 views   .  0 comments  .   . 

Download Solution PDF

Answer: What is Fair Labor Standards Act mean?

The Fair Labor Standards Act of 1938 29 U.S.C. § 203 (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week. It also prohibits employment of minors in "oppressive child labor". It applies to employees engaged in interstate commerce or employed by an enterprise engaged in commerce or in the production of goods for commerce, unless the employer can claim an exemption from coverage.

reference

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.




Give Rating
Report
Write Your Comments or Explanations to Help Others
Comments(0)





Miscellaneous in Accounts and Finance
Miscellaneous in Accounts and Finance

Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Explore Other Libraries

X

Important Accounts and Finance Links





Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join