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 over...
HRCI: SPHR/PHR -- Total
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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
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