Management & Law: FLSA Regulations And Compensation Policies - Their Legal Exposure And Business Impact

Abstract

This paper will review FLSA regulations and how this outdated law is applied to the current day workforce and the relationship between management decisions in light of FLSA regulations, their impact on compensation systems and the business resulting in legal exposure and associated costs as well as business impact. This paper also sets forth preventative measures to avoid and/or or correct these challenges via policies and systems.