HRCI: SPHR/PHR Questions And Answers With Complete Solution
9 views 0 purchase
Course
HRCI: SPHR/PHR
Institution
HRCI: SPHR/PHR
HRCI: SPHR/PHR
Davis-Bacon Act - Requires contractors using federal funds to pay wages and fringe equal to or greater than the local market wage
What is the HR Significance of the Davis-Bacon Act? - Applies if receiving federal funds for work or projects
Walsh-Healey Act - Establishes the...
HRCI: SPHR/PHR
Davis-Bacon Act - Requires contractors using federal funds to pay wages and fringe equal to or
greater than the local market wage
What is the HR Significance of the Davis-Bacon Act? - Applies if receiving federal funds for
work or projects
Walsh-Healey Act - Establishes the time-and-a-half overtime rule for hours in excess of 40 in a
week for nonexempt employees
What is the HR Significance of the Walsh-Healey Act? - Must properly classify employees and
track hours worked for nonexempt employees
Portal-to-Portal Act - Created general rules for compensatory time
What is the HR Significance of the Portal-to-Portal Act? - Understanding when employees are on
"company time" for pay purposes and when developing policy
Dodd-Frank Wall Street Reform and Consumer Protection Act - Creates rules for executive
compensation to include reporting and provisions for recapturing certain compensation in cases
of misconduct or highly substandard performance
What is the HR Significance of Dodd-Frank Wall Street Reform & Consumer Protection Act? -
Important when establishing executive compensation packages and employment contracts
Sarbanes-Oxley Act (SOX) - Places restrictions on executives and administrators of benefits
plans within public companies to prevent certain transactions that would create unfair or illegal
business earnings for benefits programs such as company stock
What is the HR Significance of Sarbanes-Oxley Act (SOX)? - Necessitates the monitoring of
plans and ensuring compliance by all company leaders that are involved with benefits plans
Lilly Ledbetter Equal Pay Act (EPA) - Affirms equal pay for equal work regardless of gender
and provides recourse and legal avenues in cases of discrimination
What is the HR Significance of the Lilly Ledbetter Act? - Requires policies and procedures to
ensure that men and women in the company are not paid at different wage rates in the same jobs
with similar experience and qualifications
Uniformed Services Employment and Reemployment Rights Act (USERRA) - Provides
provisions for members of the Armed Services called to military service to allow returning to
civilian work upon completion of their duty
, What is the HR Significance of USERRA? - Has special tracking and monitoring consideration
of any individual that is serving in the Armed Forces and was required to give up their civilian
employment
Consolidated Omnibus Budget Reconciliation Act (COBRA) - Provides employees and
dependents the ability to maintain continuous healthcare coverage in the group plan by covering
the employer cost and additional admin fee
What is the HR Significance of the COBRA? - Requires notification of rights under this law to
all employees accepting healthcare benefits and notice upon a qualifying event of eligibility
Health Insurance Portability and Accountability Act (HIPAA) - to promote a more efficient
healthcare system by reducing administrative costs. It also regulates the privacy, security, and
electronic transfer of protected health information (PHI) through the Administrative
Simplification provisions. HIPAA contains two main provisions-the Health Care Insurance
Access, Renewal, and Portability provision; and the Administrative Simplification provisions
What is the HR Significance of HIPAA? - Restricts the release of personal medical information
to third parties without consent and places provisions on maintaining the integrity and security of
the information held
Genetic Information Nondiscrimination Act (GINA) - Prevents discrimination on the basis of
genetic information in obtaining employment or access to healthcare
What is the HR Significance of the GINA? - Mandates the protection and unauthorized
disclosure of genetic-related information of employees or applicants
Fair Labor Standards Act (FLSA) - the prevailing law that governs wages and hours worked by
the workforce
The Wage and Hour Division of the Department of Labor - is chiefly responsible for the
enforcement of many of the provisions of the FLSA and is a primary source for clarification on
rules, interpretations, and requirements of employers
The Employee Retirement Income Security Act (ERISA) - is the key legislation that governs
actions concerning a company's benefits, establishing minimum controls and ensuring that
benefit plans are administered in a financially responsible way
Family and Medical Leave Act (FMLA) - applies to organizations with 50 or more employees
for at least 20 weeks of the current or preceding calendar year.
The Copeland "Anti-Kickback " Act - was established in 1934 to prevent federal contractors
and/or subcontractors from getting employees to "kick-back" a portion of their earnings.
Penalties include a five-year prison term, and/or a $5000 fine
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Academicmines. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
