Total Compensation Methods Paper

Government regulation affects turn over structure in the areas of tinct utilization opportunity, stripped-down engage, and pay for overtime and overriding wages for federal contractors. Employers may not base differences in pay on an employees age, sex, race, or other protected status. each pay differences has to be tied to such business-related considerations as track down responsibilities or performance. The finish is for employers to provide equal pay for equal work. Job descriptions, job structures, and pay structures can help organizations licence that they are upholding these natural laws. In the United States, employers must pay at to the lowest degree the nominal wage established by law. stripped-down wage is the utmost count that employers may pay chthonic federal or state law, stated as an amount of pay per hour. lovely Labor Standards Act (FLSA) is federal law that establishes a minimum wage and unavoidablenesss for overtime pay and electric shaver labor. Another requirement of the FLSA is that employers must pay higher wages for overtime, defined as hours worked beyond 40 hours per week. The overtime come in under the FLSA is mavin and a half times the employees familiar hourly assess, including every bonuses and piece-rate payments (amounts paid per item produced). The overtime rate applies to the hours worked beyond 40 in one week.

In the ahead of time years of the industrial Revolution, employers could pay low wages by hiring children. The FLSA now acutely restricts the use of child labor, with the aim of protect childrens health, safety, and educatio nal opportunities. cardinal additional fede! ral laws, the Davis-Bacon Act of 1931 and the Walsh-Healy globe Contracts Act of 1936, prescribe pay policies of federal contractors. Under these laws, federal contractors must pay their employees at rates at least equal to the predominate wages in the area. The calculation of prevailing rates must be based on 30%... If you want to ticktack a full essay, order it on our website: BestEssayCheap.com

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