Convenience


Fair Labor Standards Act



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Fundamentals-of-Management-8th-Edition-Ricky-Griffin-978-1285849041

Fair Labor
Standards Act
Sets a minimum
wage and requires
overtime pay for
work in excess of
40 hours per week;
passed in 1938 and
amended frequently
since then
Equal Pay Act of 1963
Requires that men
and women be paid
the same amount for
doing the same job
Marc
F.
Henning/Alam
y
Walmart has been criticized in recent years for its low wages, weak health-care benefits, lack of
full-time jobs, and other human resource practices. These Walmart employees are protesting some
of these practices outside the retailer’s home office in Bentonville, Arkansas.
Employee
Retirement Income
Security Act of 1974
(ERISA)
A law that sets
standards for
pension plan
management and
provides federal
insurance if pension
funds go bankrupt
Family and Medical
Leave Act of 1993
Requires employers
to provide up to 12
weeks of unpaid
leave for family and
medical emergencies
National Labor
Relations Act
Passed in 1935 to set
up procedures for
employees to vote
on whether to have a
union; also known as
the
Wagner Act
Chapter 8:
Managing Human Resources in Organizations
2 2 9
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Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.
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an organizing campaign. The Taft–Hartley Act also contains the National Emergency Strike
provision, which allows the president of the United States to prevent or end a strike that
endangers national security. Taken together, these laws balance union and management
power. Employees can be represented by a legally created and managed union, but the busi-
ness can make non-employee-related business decisions without interference.

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