Which legislation sets the standards for minimum wages and overtime pay?

The Fair Labor Standards Act of 1938 is the legislation that establishes the standards for minimum wages and overtime pay. This act created rules that mandate the federal minimum wage, which protects workers by ensuring they receive a baseline level of compensation for their labor. It also outlines the requirements for overtime pay, specifying that employees must receive time-and-a-half for hours worked beyond the standard 40-hour work week.

This framework plays a critical role in protecting workers' rights and promoting fair labor practices across various industries. Understanding the provisions of this act is essential for HR professionals and managers, as it impacts payroll practices, compliance efforts, and overall employee satisfaction.

The other legislation mentioned addresses different aspects of employment and labor relations. While the Employee Retirement Income Security Act pertains to retirement benefits and plan management, the Occupational Safety and Health Act focuses on workplace safety standards, and the National Labor Relations Act governs collective bargaining and labor union activities. Each of these plays an important role in the context of employment law, but they do not specifically address minimum wage and overtime regulations like the Fair Labor Standards Act does.