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new fair pay law

Fair Labor Standards Act & The New Fair Pay Initiative The Fair Labor Standards Act of 1938 (FLSA) established both a minimum wage and a standard workweek for American workers. According to the United States Department of Labor, the Act has been updated numerous times since 1938. The current FLSA calls for a minimum wage of 5.15 per hour and a 40-hour workweek. The workweek rule is not absolute, but employees must be paid an additional 50 percent (“time and a half”) for time worked beyond the standard 40 hours (http://www.dol.gov). The newest regulations known as the Fair Pay Initiative became effective on August 23, 2004. This paper will provide a brief overview of the FLSA, and will discuss the new Fair Pair Initiative and the pros and

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