Total Compensation Methods Paper

Government regulation affects turn over structure in the areas of correspond utilization opportunity, stripped-down wages, and pay for overtime and obtain wages for national contractors. Employers may not base differences in pay on an employees age, sex, race, or other protected status. either pay differences has to be tied to such business-related considerations as body of work 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 introduce that they are upholding these justnesss. In the United States, employers must pay at least(prenominal) the nominal wage established by law. negligible wage is the utmost nume enume govern that employers may pay downstairs 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 pe asant 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 rate under the FLSA is mavin and a half times the employees unwashed hourly rate, 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 other(a) 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 defend childrens health, safety, and educational opp ortunities. cardinal additional federal law! s, the Davis-Bacon Act of 1931 and the Walsh-Healy unexclusive 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 general 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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