
FLSA (Fair Labor Standards Act)
The Fair Labor Standards Act (FLSA) is a U.S. law established in 1938 that sets standards for minimum wage, overtime pay, and youth employment. It requires employers to pay eligible workers at least the federal minimum wage and time-and-a-half for hours worked over 40 in a week. The FLSA also regulates child labor to protect young workers. Its purpose is to ensure fair treatment and compensation for employees, helping to create a balanced workforce and prevent exploitation.