Examlex
What is an example of the impact of legislation on managers and HRMs?
Fair Labor Standards Act
A United States law enacted in 1938 to protect workers by setting standards for minimum wage, overtime pay, and child labor regulations.
Overtime Pay
Additional compensation awarded to employees for hours worked beyond the standard workweek, typically at a higher pay rate than regular hours.
Minimum Wage
The lowest legal hourly pay for workers, established by law to ensure a basic standard of living.
Umbrella Term
A broad, overarching word or phrase used to categorize a wide range of related ideas, concepts, or entities that share common characteristics but may differ in specifics.
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