MLchartDataset catalogue

Fair Labor Standards Act of 1938 FLSA

Term · Insurance and risk management · MLC-T-INS-001453

A federal law that establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in federal, state, and local governments. It requires employers to pay covered employees at least the federal minimum wage and overtime pay for hours worked over 40 in a workweek. Compliance with FLSA is a key aspect of employment practices liability risk management.

Table 1. Record
IdentifierMLC-T-INS-001453
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001453",
  "term": "Fair Labor Standards Act of 1938 FLSA",
  "field": "Insurance and risk management",
  "definition": "A federal law that establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in federal, state, and local governments. It requires employers to pay covered employees at least the federal minimum wage and overtime pay for hours worked over 40 in a workweek. Compliance with FLSA is a key aspect of employment practices liability risk management.",
  "url": "https://mlchart.com/terminology/insurance/fair-labor-standards-act-of-1938-flsa/"
}

Record 1,321 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.