ENTREPRENEURSHIP

Detailed explanation-1: -According to section 2(vi) of the Act, wages mean all remunerations expressed in terms of money or are capable of being so expressed. These are either by way of salary allowances or otherwise.

Detailed explanation-2: -The basic rights all workers in New York state have are the right to be paid at least the minimum wage, to be fairly compensated for overtime work, the right to sick and safe leave, to enjoy a workplace free of harassment, discrimination, and job hazards, and the right to have days of rest and scheduled work breaks.

Detailed explanation-3: -According to the new laws on labour, the working hours for a day are 12 hours, while the weekly hours of work are 48 hours. That means that companies or factories can work a full week. The overtime has increased from 50 to 125 hours per quarter across different sectors.

Detailed explanation-4: -The New Jersey State Wage and Hour Law establishes a minimum wage rate and overtime rate for all workers in New Jersey that are covered by the Act. The law requires the payment of time and one half per hour for actual hours worked in excess of 40 hours, with certain exemptions.