The law that regulates wages and hours of work, including minimum wage, is known as what?

Prepare for the BPA Payroll Accounting Test with interactive quizzes. Equip yourself with essential payroll accounting skills through our comprehensive multiple choice and flashcard study resources. Ace your exam!

The Fair Labor Standards Act (FLSA) is the federal law that specifically governs wages and hours of work, setting crucial standards such as minimum wage, overtime pay, and recordkeeping requirements for employers. It was enacted to protect workers by ensuring they receive fair compensation for their labor and to promote the welfare of the workforce by limiting the number of hours they work per week.

One of the key aspects of the FLSA is its establishment of a minimum wage, which is regularly updated based on the cost of living and inflation. Additionally, the FLSA provides mandates regarding overtime pay for certain categories of employees, ensuring they receive additional compensation when they work beyond the standard 40 hours in a workweek.

While other acts, like the Labor Management Relations Act, focus on labor union rights and employer-employee relations, or the Occupational Safety and Health Act, which emphasizes workplace safety, they do not address wage and hour regulations directly. The Equal Pay Act, on the other hand, is concerned with wage discrimination based on gender but does not encompass the broader wage standards and hours of work encapsulated in the FLSA. Thus, the FLSA is the most comprehensive law specifically related to wages and work hours, making it the correct choice.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy