Chapter 42 - Employment and Labor Law

Question 1

Fair Labor Standards Act

Answer 1

1) Employers must follow federal mimum wage and hour laws

2) FLSA covers all employers engaged in interstate commerce or the production of goods and minimum wage

Question 2

Family and Medical Leave Act (FMLA)

Answer 2

1) establsihes 12 weeks of leabe during any 12 month period

Question 3

Unemployment Compensation

Answer 3

Federal Unemployment Tax Act (FUTA) created a state system that provides unemployment compensation to qualified employees who lose their job

Question 4

Workers’ compensation laws

Answer 4

state laws that provide financial compensation to employees or their dependents when a covered employee is injured
2) no fault insurance = employee reimbursed regardless of fault

Question 5

Consolidated Omnibus Budget Reconciliation Act of 1985

Answer 5

COBRA ensure when employees lose their jobs or become unqualified they will continue to receive medical benefits fo up to 18 months by paying premiums fo the policy

Question 6

Employee Retirement Income Security Act of 1974

Answer 6

ERISA is a federal law thar sets min standards for most voluntarily established pensions and health plans in private industry to provide protection for indivs in these plans