Which federal law prescribes standards for the basic minimum wage and overtime pay?

The Fair Labor Standards Act (FLSA) is the federal law that establishes standards for minimum wage and overtime pay. This legislation was enacted to protect workers from unfair labor practices and ensure that they receive adequate compensation for their work. Under the FLSA, the federal minimum wage is specified, along with regulations that require employers to pay eligible employees at least one and a half times their regular rate of pay for hours worked over 40 in a workweek.

The FLSA plays a crucial role in promoting fair labor practices and securing the financial stability of workers by setting these pay standards. It also covers other aspects related to youth employment and recordkeeping, which collectively support the goal of fair treatment in the workplace.

Other options presented do not address minimum wage and overtime. The Family and Medical Leave Act (FMLA) focuses on unpaid leave for family and medical reasons, the Occupational Safety and Health Act (OSHA) is aimed at ensuring safe and healthful working conditions, and the Worker Adjustment and Retraining Notification Act (WARN) provides for advance notice in cases of significant layoffs or plant closures. Each of these laws serves distinct purposes separate from the wage and overtime standards established by the FLSA.