Fair Credit Reporting Act

wage (A new Gilded Age, 2009) and offer some valid arguments to support their points. The editorial, “A New Gilded Age” suggests that now is the perfect time for an increase in minimum wage in the United States. The authors argue that the Fair Labor Standard Act was signed into law for a reason and that we are no closer to achieving that goal then we were when it was signed. They contest that the while the economy is getting better, profits are only going to those at the top of the pay scales…

Q5/ What department is usually responsible for a direct labor rate variance? What department is usually responsible for a direct labor efficiency variance? Explain. Direct labor rate variance shows the difference in hourly wages from standard to direct labor workers. While it is important for workers to know the rate of hourly wages, it is more important for managers to investigate the rate variances because it can help predict the reason for unfavorable rate variance in most cases and explain…

Garcia v. City of Antonio The issue on whether compensation and overtime pay is applicable to excluded and non-excluded security personnel is a major issue across various states. Even though the Fair Labor Standards Act provides direction regarding this issue, it remains to be a major concern that has attracted huge attention throughout various states. The U.S. Supreme Court and Congress have been forced to make several landmark decisions regarding whether compensation and overtime pay is…

Minimum wage is a standard budget created to provide the American workers protection and fairness. It is what saved American workers during the horrid Great Depression period when everyone seemed to be bankrupted and lost. Federal minimum wage saves workers from being overworked. It was introduced during the 1930s around the time of the Great Depression. The Great Depression was a worldwide depression virus that wrecked economies and the stock market ruining thousands of lives.…

manufacturing and mining (FLSA). According to the act, workers must be paid minimum wage and overtime pay must be one-and-a-half times regular pay. Children under eighteen cannot do certain dangerous jobs, and children under the age of sixteen cannot work during school hours (FLSA). The Fair Labor Standards Act affected 700,000 workers, and President Franklin Roosevelt called it the most important piece of New Deal legislation since the Social Security Act of…

Understating the FLSA Overtime Rule in Today’s Social Setting What is the FLSA overtime Rule? The Fair Labor Standards Act (FLSA) overtime rule determines whether employees are eligible or exempt for overtime pay. Under the rule employees may be classified as exempt due the rate of pay and the type of work that they perform. Perhaps most importantly, employees who are classified as exempt are not eligible for overtime pay for any hours worked over 40 during a workweek. Similarly, an employee who…

America is rooted on its ability to grow businesses and prosper. Basically, money is the blood in the body known as the United States of America. Ironically, it takes money to make money. Meaning that to uphold any business, money has to be used to create the foundation, and once the foundation is set, money is needed to keep the business circulating healthily. The main way to do that is to adamantly supply and cover the workers of the business, because they are truly the backbone of the entire…

The changes in the types of benefits provided by employers over the past decade have been excessive. Benefits have always been used as a non-wage bargaining tool when recruiting workers for the company. They types of perks offered can make or break the company when competing for the workforce. From how benefits started out, to what they are now, and how they are improving the improvement can be see and help employees recognize if they are being appreciated. The use of employee benefits was…

Introduction The individuals that make up the workforce have evolved greatly over the last few decades. This includes how they work, where they work, and who they work for. The unique developing labor force is also growing at a rapid pace. According to a report by Emergent Research and MBO Partners, there are approximately 30 million full-time and part-time independent workers in the “gig economy” (Gillespie, 2016). The gig economy is an environment where temporary positions are common and…

Ethical Parameters Applicable to Business Situations The FSLA or Fair Labor Standards Act was established in 1938 by Congress to protect workers from exploitation and ensure the opportunity for people to earn a “living wage”. The Principals set forth in the act apply to non-exempt employees. Non-exempt simply means employees that are paid an hourly wage. As the name suggests, there are certain types of employees that are exempt from the rules set forth by the FSLA, which we will discuss…