The law that is also called the Federal Wage and Hour is ___________.

The correct identification of the law known as the Federal Wage and Hour Law is the Fair Labor Standards Act (FLSA). This act is significant as it establishes minimum wage, overtime pay eligibility, recordkeeping, and youth employment in the United States. The FLSA mandates that employees must be paid at least the federal minimum wage for all hours worked and specifies that non-exempt employees must receive overtime pay for hours worked beyond a standard 40-hour workweek.

Understanding the importance of the FLSA is crucial for payroll accounting, as compliance with this law ensures that employers meet their legal obligations regarding employee compensation. It also helps to protect workers from exploitative wage practices. The emphasis on fair labor standards fosters a more equitable workplace, directly impacting employee satisfaction and retention.

Other laws listed serve distinct purposes: OSHA is focused on workplace safety, ERISA governs employee benefit plans, and ADA addresses disability rights. Each serves to protect different employee rights but does not relate specifically to wage and hour standards like the FLSA does.