MGMT 200 Chapter Notes - Chapter 24: Employee Retirement Income Security Act, Patient Protection And Affordable Care Act, Health Insurance Portability And Accountability Act
Document Summary
Public policy- must be clearly stated in statutes governing that jurisdiction. Walsh-healy act- the beginning of minimum wages. Fair-labor standards act (flsa)- an extension of wage and hour regulation to workers in interstate commerce. Child labor- flsa prohibits oppressive child labor practices. Rule- under flsa, employees who work over 40 hours a week are entitled to 1. 5 times her hourly wage for those hours worked. Administrative employees- exempt if paid salary (not hourly wages) and her primary duty is management. Executive employees- primary duty is management, based on what is principal value to employer. Layoffs- worker adjustment and retraining act: requires 60 days notice before a mass layoff. During a 30 day period, a reduction in force that results in loss of: at least 33% of 50 full-time employees at a single job site, or at least 500 full time employees. Benefits- employer must continue health care on same terms.
