The Fair Labor Standards Act
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Details: The Fair Labor Standards Act (FLSA) was modified in 1994. Explain how the changes in the FLSA were enacted and discuss the opinions and concerns that different associations, special interest groups, and political groups had at the time. Explain the rationale for these opinions and concerns. Use the Internet and other sources to research this issue before you draft your response.
Objective: Describe the influence of government on compensation practices.
Describe the components of employee benefit programs.
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Details: The Fair Labor Standards Act (FLSA) was modified in 1994. Explain how the changes in the FLSA were enacted and discuss the opinions and concerns that different associations, special interest groups, and political groups had at the time. Explain the rationale for these opinions and concerns. Use the Internet and other sources to research this issue before you draft your response.
The FSLA modification that took place in 1994 was that the minimum wage was increased to $5.15 per hour. These modifications have continued and from July 24, 2007 the minimum wage rate has been raised to $5.85 per hour, from July 24, 2008 it is $6.44 and from July 24, 2009 the effective minimum wage will be $7.25. Similarly, FSLA ...
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- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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