EMPLOYMENT 03 Flashcards
Worker’s Compensation
Compensation paid to workers and their families when workers are injured in connection with their jobs.
Occupational Safety and Health Act (OSHA)
A federal act enacted in 1970 that promotes safety in the workplace.
Specific Duty Standard
An OSHA standard that addresses a safety problem of a specific duty nature
General Duty
A duty that an employer has to provide a work environment free from recognized hazards that are causing or are likely to cause death or serious physical harm to employees
Fair Labor Standards Act (FLSA)
A federal act enacted in 1938 to protect workers. It prohibits child labor and spells out minimum wage and overtime pay requirements
Consolidate Omnibus Budget Reconciliation Act (COBRA)
A federal law that permits employees and their beneficiaries to continue their group health insurance after an employees’s employment has ended.
Family and Medical Leave Act (FMLA)
A federal act that guarantees workers up to 12 weeks of unpaid leave in a 12-month period to attend to family and medical emergencies and other specified situations.
Employee Retirement Income Security Act (ERISA)
A federal act designed to prevent fraud and other abuses associated with private pension funds.
Federal Unemployment Tax Act (FUTA)
A federal act that requires employers to pay unemployment taxes; unemployment compensation is paid to workers who are temporarily unemployed.
Social Security
A federal system that provides limited retirement and death benefits to covered employees and their dependents.