Family and Medical Leave Act (FMLA)
Definition
A federal regulation that requires all public and private employers with 50 or more employees within a 75 mile radius of a single location to allow up to 12 weeks of unpaid leave in a one year period to certain qualified full time workers. Family and medical leave may be taken for a broad range of qualifying reasons such as illness or disability of the employee or an immediate family member. Many states have instituted their own version of the family and medical leave act that employers must comply with in addition to federal regulations.
Related Articles
- How to Budget for Post-Secondary Education *
- Analyzing Investments and Recording Transactions *
- Categories of Stocks *
- "Buy Condor" Stock Option Investment Strategy *
- Tax Issues Related to Wash Sales, Lottery Winnings etc. *
- Finding a Financial Advisor for Your Business Venture *
- Introduction to Banking *
- Less Popular Types of Bonds *
Related Videos
http://www.businessdictionary.com/definition/Family-and-Medical-Leave-Act-FMLA.html


