employee benefits

Fair Labor Standards Act

A federal statute that regulates hours, wages, and working conditions of employees and also child labor. It regulates minimum wage and the right to overtime pay. It also prohibits oppressive child labor.

http://www.law.cornell.edu/...

Fair Labor Standards Act (FLSA)

Definition from Nolo’s Plain-English Law DictionaryA federal law that guarantees a worker's right to be paid fairly. The FLSA sets out the federal minimum wage, states requirements for overtime, and places restrictions on child labor.

Definition...

Fair Minimum Wage Act of 2007

Definition from Nolo’s Plain-English Law DictionaryAn act that raised the federally mandated minimum wage in three increments, eventually fixing the rate at $7.25 per hour in July 2009. The Act amended the Fair Labor Standards Act of 1938.

Definition...

Family and Medical Leave Act (1993)

A federal statute that requires employers with a certain number of employees to allow their employees to take leave under certain circumstances.

See www.law.cornell.edu/uscode/29/usc_sup_01_29_10_28.html

Family and Medical Leave Act (FMLA)

Definition from Nolo’s Plain-English Law DictionaryA federal law that requires qualifying employers to provide eligible employees with 12 weeks of unpaid leave during a 12-month period to bond with a new child, care for a family member with a serious...

Federal Benefit Rate

Definition from Nolo’s Plain-English Law DictionaryThe share of the SSI grant paid by the federal government. Many states add a supplementary grant to the federal benefit rate.

Definition provided by Nolo’s Plain-English Law Dictionary.

Federal Unemployment Tax Act (FUTA)

Federal legislation permitting the government to impose a tax on business in order to fund state unemployment agencies. Employers must file a Form 940 annually to report this tax.

FICA Tax

Definition from Nolo’s Plain-English Law DictionaryShort for Federal Insurance Contributions Act tax, it is a payroll tax that incorporates the Social Security tax and Medicare tax. The FICA tax is 15.3% of an individual's earned income up to a certain...

FMLA

Definition from Nolo’s Plain-English Law DictionarySee: Family and Medical Leave Act

Definition provided by Nolo’s Plain-English Law Dictionary.

Free Rider

In labor law, a non-union employee who does not pay union dues or agency shop fees but who enjoys benefits earned by the union without any cost.

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