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Overtime Pay Essay

1009 words - 4 pages

Details of ProposalThe DOL was put in place as Public Law 426-62 by former president William Howard Taft on March 4, 1913. At that time, according to www.dol.gov, President Taft noted that the purpose of the DOL would "be to foster, promote, and develop the welfare of the wage earners of the United States, to improve their working conditions, and to advance their opportunities for profitable employment" (2004). Since the DOL has been in existence, they have created many statutes that have been turned into Acts by congress. Some of the most important statutes in the DOL's history are the Federal Employees Compensation Act (1916), Fair Labor Standards Act (1934), The Social Security Act (1935), Equal Pay Act (1963), Occupational Safety and Health Act (1971), and the Family and Medical Leave Act (1993).At www.dol.gov, the DOL's current mission statement reads very much like President Taft's original plan:The Department of Labor fosters and promotes the welfare of the job seekers, wage earners, and retirees of the United States by improving their working conditions, advancing their opportunities for profitable employment, protecting their retirement and health care benefits, helping employers find workers, strengthening free collective bargaining, and tracking changes in employment, prices, and other national economic measurements. In carrying out this mission, the Department administers a variety of Federal labor laws including those that guarantee workers' rights to safe and healthful working conditions; a minimum hourly wage and overtime pay; freedom from employment discrimination; unemployment insurance; and other income support.Elaine L. Chao is the nation's 24th Secretary of Labor, and first Asian-American woman ever to hold this office. She graduated with her M.B.A. from Harvard Business School. It is said that Chao represents a new generation of American leadership. Chao was once a member of the Peace Corps and The United Way. She has served in other government positions such as Deputy Secretary at the U.S. Department of Transportation, Chairman of the Federal Maritime Commission, and Deputy Maritime Administrator in the U.S. Department of Transportation. Before President George W. Bush nominated Chao as Secretary of the DOL, she expanded her study of policy as a Distinguished Fellow at The Heritage Foundation, located in Washington DC.The Fair Labor Standards Act (FLSA) affects most public and private employment. The act requires employers to pay employees, who are not otherwise exempt, at least the federal minimum wage and overtime pay for more than 40 hours worked in a given workweek. The FLSA was originally established in 1934, but has been amended several times in order to make changes to the minimum wage requirements. As of September 1, 1997, the current minimum wage is $5.15 per hour according to www.dol.gov. As previously stated, the employee could be exempt from this law if they are tipped employees (such as waiters or waitresses),...

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