Increasing Minimum Wage in Puerto Rico and the Virgin Islands

Early in the management of the FLSA, it became apparent that submission of the statutory minimum salary was expected to produce undesirable consequences upon the finances of Puerto Rico and the Virgin isles if applied to all of their covered industries. Consequently on June 26, 1940, an amendment was enacted prescribing the establishment of exceptional commerce managing groups to determine, and topic through salary instructions, the smallest salary grades applicable in Puerto Rico and the Virgin isles. The rates established by commerce committees could be less than the statutory rates applicable in another place in the United States. On May 14, 1947, the FLSA was changed by the Portal-to-Portal Act. This legislation was significant†¦show more content†¦Parity with nonfarm employees was come to at $2.30 with the 1977 amendments. The 1977 amendments, by eliminating the distinct lower minimum for large farming employers (although keeping the overtime exemption), set a new consistent wage agenda for all enclosed workers. The smallest went to $2.65 an hour in January 1978, $2.90 in January 1979, $3.10 in January 1980, and $3.35 in January 1981. The amendments alleviated the provisions for establishments allowed to provide work scholars at the smaller wage rate and permitted exceptional waivers for young kid’s 10to11 years old to work in agriculture. The overtime exemption for employees in hotels, motels, and bistros was eradicated. To allow for the effects of inflation, the $250,000 dollar capacity of sales coverage check for retail trade and service enterprises was expanded in phases to $362,500 after December 31, 1981. As a result of the Supreme Courts 1985 decision in Garcia v. San Antonio Metropolitan Transit Authority et.al., assembly passed amendments altering the application of FLSA to public sector workers. Specifically, these amendments permit State and localized zed governments to reimburse their employees for overtime hours worked with compensatory time off in lieu of overtime pay, at a rate of 1 1/2 hours for each hour of overtime worked. The 1989 amendments established a singleShow MoreRelatedHome Depot Essay1736 Words   |  7 Pagesthan competitors - Balanced brand mix - WEAKNESSES Sub optimal capital structure - Product recall OPPORTUNITIES - International presence - Growing popularity of power tools - Increasing online sales THREATS - Intense competition - Slowdown in US housing market - Rising labor wages in the US |The Home Depot Inc. (HD) | | Read MoreMinimum Wage And The Wage Essay1204 Words   |  5 PagesThe minimum wage is one of the most controversial issues on our country, which is United States has been facing last ten years. 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