Employment regulations are created to assist the average employee in getting the most out of their time working for a private or public company. These laws enable organizations established by the government to intervene and make sure they are handled fairly and that their financial and physical security are secured. The government has set in place a number of laws for this purpose, and regulatory organizations have been established to make sure that these laws are followed. These laws are discussed in the table below. Fair Labor Standards act (FLSA)
Outlines policies for wages and overtime compensation. It also specifies the number of hours minors under 16 or 18 can work depending on the type of work. It also requires that employees pay a specified minimum wage to employees who are non-exempt.
Wage and Hour division.
Most private and public employers.
2.
The occupational safety and health act (OSH)
Requires employers to provide employees with adequate safety equipment as well as ensure their proper healthy existence. This act specifies health and safety standards which have to be met by the employers.
Occupational Safety and Health Administration. (OSHA)
A majority of private industries including the public sector.
3.
Employee Retirement Income Security Act
(ERISA)
This act imposes a couple of disclosure and reporting regulations on companies offering pensions to their employees. They actively make sure that the plans designed favor the employees and that they are well adhered to.
Employee Benefits Security Administration. (EBSA)
Any employer that offers or is lawfully required to offer a pension or benefits plan for their employees.
4.
Labor Management Reporting and Disclosure act (LMRDA).
This act ensures that labor unions serve unions members properly, they actively ensure that union spending is controlled and that democracy is used in policy development and implementation. they require the unions to file annual financial reports and set standards for the election of key union officials.
Office of Labor Management Standards. (OLMS)
The act targets labor unions and their administration.
5.
The family and Medical Leave Act (FMLA).
The act requires employers to provide up to 12 weeks of unpaid leave with assurance of job protection to employees for child birth or adoption and the serious illness of a parent, child or spouse.
Wage and Hour division.
Employers of 50 or more employees.
References:
Cross, F. B. (2017). The Legal Environment of Business: Text and Cases, 10th Edition. [CengageBrain Bookshelf]. Retrieved from https://cengagebrain.vitalsource.com/#/books/9781337516051
United states department of Labor. (n.d). wage and hour division. Retieved from https://www.dol.gov/whd/
United states department of Labor. (n.d). office of labor management standards. Retieved from https://www.dol.gov/olms/
United states department of Labor. (n.d). employee benefits security administration. Retieved from https://www.dol.gov/agencies/ebsa
United states department of Labor. (n.d). occupational safety and health administration. Retieved from https://www.osha.gov
