Outline the minimum wage requirement established by the Fair Labor Standards Act. How are wages calculated for a tipped employee?
What will be an ideal response?
The Fair Labor Standards Act establishes minimum wage and overtime pay requirements for workers. Workers whose daily job duties are managerial, administrative, or professional are exempt from the act's wage and hour provisions. FLSA requires that most employees in the United States be paid at least the federal minimum wage for all hours worked. The federal minimum wage is set by Congress and can be changed. The Department of Labor permits employers to pay less than the minimum wage to students and apprentices. An employer may reduce the minimum wage by an amount equal to the reasonable cost of food and lodging provided to employees. There is a special minimum wage rule for tipped employees. An employee who earns tips can be paid $2.13 an hour by an employer if that amount plus the tips received equals at least the minimum wage. If an employee's tips and direct employer payment does not equal the minimum wage, the employer must make up the difference.
You might also like to view...
Which of the following statements is true regarding the division of profits in a general partnership when the written partnership agreement only provides that losses be divided equally among the partners? Profits are to be divided
A. Based on the partners' ratio of contribution to the partnership. B. Based on the partners' participation in day-to-day management. C. Equally among the partners. D. Proportionately among the partners.
For most interviews, asking your own questions is
A) necessary only if you are interviewing for a management position. B) risky and a bad idea unless you are certain the interview is going well. C) just as important as answering the employer's questions effectively. D) usually viewed as a sign of arrogance—after all, the employer is in charge. E) helpful only when you are interviewing for a job at a large organization.