What does FLS mean in UNCLASSIFIED
FLS stands for Fair Labor Standard. It is a federal law that sets minimum wage, overtime pay, recordkeeping, and youth employment standards for employees in the United States. The FLS was enacted in 1938 and has been amended several times since then.
FLS meaning in Unclassified in Miscellaneous
FLS mostly used in an acronym Unclassified in Category Miscellaneous that means Fair Labor Standard
Shorthand: FLS,
Full Form: Fair Labor Standard
For more information of "Fair Labor Standard", see the section below.
Key Provisions of the FLS
- Minimum Wage: The FLS sets a minimum wage that employers must pay to their employees. The current federal minimum wage is $7.25 per hour.
- Overtime Pay: The FLS requires employers to pay overtime pay to employees who work more than 40 hours in a week. The overtime rate is 1.5 times the employee's regular hourly rate.
- Recordkeeping: The FLS requires employers to keep accurate records of their employees' hours worked, wages paid, and other information.
- Youth Employment: The FLS sets restrictions on the employment of minors. For example, minors under the age of 14 cannot work in most occupations, and minors under the age of 16 cannot work in certain hazardous occupations.
Enforcement of the FLS
The FLS is enforced by the Wage and Hour Division of the U.S. Department of Labor. The Wage and Hour Division investigates complaints of FLS violations and can take enforcement action, such as issuing citations and penalties.
Essential Questions and Answers on Fair Labor Standard in "MISCELLANEOUS»UNFILED"
What is the Fair Labor Standards Act (FLSA)?
The FLSA is a federal law that establishes minimum wage, overtime pay, recordkeeping, and youth employment standards for employees in the private sector and federal, state, and local governments.
Who is covered by the FLSA?
Most employees in the private sector and federal, state, and local governments are covered by the FLSA. However, some categories of employees are exempt, such as executives, administrative employees, and certain professional employees.
What is the minimum wage under the FLSA?
The current federal minimum wage is $7.25 per hour. However, some states and localities have set higher minimum wages.
When do employees qualify for overtime pay?
Non-exempt employees who work more than 40 hours in a workweek are entitled to overtime pay at a rate of one and one-half times their regular rate of pay.
What records must employers keep under the FLSA?
Employers must keep records of their employees' hours worked, wages paid, and other information required by the FLSA. These records must be maintained for at least three years.
What is the purpose of the FLSA?
The FLSA was enacted to protect the rights of workers and to ensure fair labor standards. It helps to ensure that employees are paid a fair wage, receive overtime pay when they work overtime, and work in safe and healthy conditions.
Final Words: The FLS is an important law that protects the rights of employees in the United States. The FLS sets minimum wage, overtime pay, recordkeeping, and youth employment standards that employers must follow. The Wage and Hour Division of the U.S. Department of Labor enforces the FLS and investigates complaints of violations.
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