Lecture Dynamic business law (3/e) - Chapter 42: Employment and labor law

After reading this chapter, you will be able to answer the following questions: What are wage and hour laws? What are the rights of employees and obligations of employers under the Family and Medical Leave Act? What is FUTA? What are the rules regarding workers’ compensation? What is COBRA? What is ERISA? What is OSHA? What does it mean to be an “at-will” employee? What are the rights of employees and obligations of employers with regard to privacy in the workplace? What are the three major pieces of labor law legislation? | Chapter 42 Employment and Labor Law Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 42: Employment and Labor Law The Fair Labor Standards Act (FLSA) Covers all employers engaged in interstate commerce Requires that a “minimum wage” of specified amount be paid to all covered employees Specified amount periodically raised by Congress The Fair Labor Standards Act, or “FLSA,” covers all employers engaged in interstate commerce. The FLSA requires that a “minimum wage” of a specified amount be paid to all covered employees, and the amount is periodically raised by Congress. The Family and Medical Leave Act (FMLA) Requires certain employers to establish policy that provides all eligible employees with up to 12 weeks of unpaid leave during any 12-month period for specified family-related occurrences (Examples: birth/adoption of child, care for seriously ill spouse/parent/child) The Family and Medical Leave Act, or FMLA, requires certain employers to establish a policy that provides all eligible employees with up to twelve weeks of unpaid leave during any twelve-month period of employment for specified family-related occurrences. Examples of “family-related occurrences” include the birth or adoption of a child, and the care of a seriously ill spouse, parent, or child. Federal Unemployment Tax Act (FUTA) Created state system that provides unemployment compensation to qualified employees who lose their jobs The Federal Unemployment Tax Act created a state system that provides unemployment compensation to qualified employees who lose their jobs. Workers’ Compensation Laws State laws that provide financial compensation to employees or their dependents when covered employee injured/killed on the job To recover workers’ compensation benefits, injured party must demonstrate He/she is an employee Both employer and employee are covered by state workers’ . | Chapter 42 Employment and Labor Law Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 42: Employment and Labor Law The Fair Labor Standards Act (FLSA) Covers all employers engaged in interstate commerce Requires that a “minimum wage” of specified amount be paid to all covered employees Specified amount periodically raised by Congress The Fair Labor Standards Act, or “FLSA,” covers all employers engaged in interstate commerce. The FLSA requires that a “minimum wage” of a specified amount be paid to all covered employees, and the amount is periodically raised by Congress. The Family and Medical Leave Act (FMLA) Requires certain employers to establish policy that provides all eligible employees with up to 12 weeks of unpaid leave during any 12-month period for specified family-related occurrences (Examples: birth/adoption of child, care for seriously ill .

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