Regulatory Issues in Compensation

who is covered by the walsh-healey public contract act? This is a topic that many people are looking for. g4site.com is a channel providing useful information about learning, life, digital marketing and online courses …. it will help you have an overview and solid multi-faceted knowledge . Today, g4site.com would like to introduce to you Regulatory Issues in Compensation. Following along are instructions in the video below:
The course of time. The administration of employee compensation has been regulated by federal state state and local governments. In this presentation.
Well take a brief look at the compensation related employment law. That you need to know as a human resource professional since 1931 five major pieces of legislation have shaped the fabric of how employees are paid including the davis bacon act of 1931. The walsh healy act of 1936.
The fair labor standards act of 1938. The equal pay act of 1963 and the lilly ledbetter fair pay act of 2009. Lets take a look in a bit more detail.
The davis bacon act was signed into law on march 3rd 1931. It covers federal contractors and subcontractors with contracts with the federal government in excess of 2000. The act requires that those contractors pay their workers a minimum wage that is at least equal to the local prevailing wages and provide them with the local prevailing benefits.
The act is administered by the department of labor. A prevailing wage is defined as the hourly wage.

who is covered by the walsh-healey public contract act?-0
who is covered by the walsh-healey public contract act?-0

Usually benefits an overtime paid to the majority of workers laborers or mechanics within a particular area. Prevailing wages are established by regulatory agencies for each trade and occupation. Employed in the performance of public work.
As well as by states departments of labor and their equivalents. Then on june 30th. 1936.
The walsh healy act was signed into. Law this act covers contractors and subcontractors with contracts in excess of 10000 for manufacturing or furnishing materials supplies articles or equipment to the us government or district of columbia under this act firm must pay their workers. The federal minimum wage for the first 40.
Hours they work in a particular week and 15 times. The minimum wage for any additional hours. They work during that week the wage and hour division of the us department of enforces.
The act state and local laws. Regarding wages and hours of work may also imply to employment subjects to this act when this happens the employer must observe the law setting the stricter standard compliance with the regulations safety and health standards will not relieve anyone of obligation to comply with stricter standards from another source.

who is covered by the walsh-healey public contract act?-1
who is covered by the walsh-healey public contract act?-1

The walsh healy public contracts act and the fair labor standards act may apply simultaneously to the same employer. The primary piece of wage setting legislation and influence in employee compensation in the united states is the fair labor standards act. Which was signed into law on june.
25th. 1938 the flsa applies to employers who annual sales total 500000. Or more or who are engaged in interstate commerce.
This means pretty much every employer is covered under the act. The fair labor standards act known as the flsa is a federal law which establishes minimum wage overtime pay it eligibility record. Keeping requirements and child labor standards affecting full and part time workers in the private sector and in.
Federal state and local governments currently the federal minimum wage is 725 per hour. Which has been effective since july. 24th.
2009. On june 10th.

who is covered by the walsh-healey public contract act?-2
who is covered by the walsh-healey public contract act?-2

1963. The equal pay act was signed into law virtually all employers are covered by the equal pay act the law provides that no employer shall discriminate between employees on the basis of sex by paying wages to employees at a rate less than that of the opposite. Sex equal work requires equal skill effort and responsibility and is performed under similar working conditions.
Except where such payment is pursuant to a seniority system a merit system a system that measures earnings by quality or quantity of production or a differential based on any other factor than sex. Although. The epa was passed more than 50 years ago.
A gender pay gap still exists in 2012 females were earning between 77 and 78 cents for every dollar males were earning and finally in our brief tour of compensation related law in the united states. The lilly ledbetter fair pay act was signed into law on january 29th. 2009.
Virtually all employers are covered by the fair pay act the act requires that the hundred and eighty days statute of limitations for filing. An equal pay law suit suit regarding pay discrimination resets with each new paycheck that was affected by that discriminatory act. A discriminatory compensation.
Decision or other practice that is unlawful under such acts occurs each time compensation is paid pursuant to the discriminate to compensation. Decision or other practice or for other purposes. With this brief history in mind.
Now you can go out and inform your decisions and how you pay employees as a compensation or human resource professional. .

who is covered by the walsh-healey public contract act?-3
who is covered by the walsh-healey public contract act?-3

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