Evaluate how FLSA penalties can affect an executive’s ability to recruit, develop, and retain top talent. Analyze how the government, as part of the employment relationship, affects company growth and profitability.
When first enacted in 1938, the Fair Labor Standards Act (FLSA) affected about 20 percent of the workforce. Now it applies to more than 90 percent of the U.S. workforce (WorldatWork, 2015, p. 112). It originally established minimums for wage, overtime, recordkeeping and protected child laborers. While it has seen a number of updates and […]
