What is ONE law that businesses must abide by. Provide some features of that law.
Question
What is ONE law that businesses must abide by. Provide some features of that law.
Solution
One law that businesses must abide by is the Fair Labor Standards Act (FLSA) in the United States.
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Minimum Wage: The FLSA establishes a federal minimum wage that all businesses in the United States must pay their employees. As of 2020, the federal minimum wage is $7.25 per hour, although some states have set higher minimum wages.
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Overtime Pay: The FLSA requires that businesses pay employees overtime pay of at least one and a half times their regular pay rate for any hours worked over 40 in a workweek.
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Recordkeeping: The FLSA requires that businesses keep accurate records of the hours worked and the wages paid to employees.
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Child Labor: The FLSA also contains provisions that protect children from being exploited in the workplace. It restricts the hours that children under the age of 16 can work and prohibits businesses from hiring children under the age of 18 for certain dangerous jobs.
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Equal Pay: The FLSA prohibits wage discrimination by gender. Men and women in the same workplace must be given equal pay for equal work.
These are just a few of the key features of the FLSA. It's important for businesses to understand and comply with all of its provisions to avoid legal trouble.
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