fair labor standards
/ˈfeɪr ˈleɪbər ˈstændərdz/ · fair la bor stand ards
noun
- Laws and regulations that govern the minimum wage, overtime pay, and other working conditions for employees. The company must comply with the fair labor standards to avoid fines and penalties.
- Principles and practices that promote fair employment and protect workers' rights. The organization is committed to upholding fair labor standards in its hiring and firing practices.
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Did you know? The Fair Labor Standards Act of 1938 was a landmark legislation that established the 40-hour workweek and overtime pay for employees in the United States, significantly improving working conditions and protecting workers' rights.