by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is the Davis-Bacon Act? The Davis- Bacon Act mandates the minimum wages for the construction workers (including laborers and mechanics) employed under a contract of over $2,000 and involved in constructing, repairing, or alteration of any public building or work....
by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is Executive Compensation?Executive compensation is the incentive offered to executives to attract and retain them and to encourage them to work in the best interest of shareholders. Executive compensation may be offered in cash on non-cash forms. It is often...
by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What are Exempt versus Non-Exempt Employees? This designation concerns employee wage overtime entitlements under the Fair Labor Standards Act. An exempt employee does not qualify for overtime wage protections. How does exempt employee status affect wages? The...
by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What are the major federal labor laws? Norris-LaGuardia Act – This law prevents courts from issuing injunctions (stop orders) to individuals or groups of striking employees. National Labor Relations Act (or Wagner Act) – This law takes affirmative steps to...
by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is an Employee? An employee is a stakeholder and representative agent of a firm. She may also be an owner of the firm, but her role as an employee is generally separate from that of owner. For purposes of employment law, it is important to distinguish an employee...
by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What are the major employment laws? There are many federal and state employment laws. Federal laws controlling a particular type of employer conduct set minimum standards for conduct. States may pass laws that place additional requirements on employers, so long as...
