How has government legislation affected compensation? Discuss at least 2 of the laws associated with compensation. Are these laws still applicable to the workforce employed today?
Government as the highest authority in the country can regulate compensation by enacting necessary law. If government legislation bring any unfavourable changes for compensation then it is bound to change by the necessary authority and vice-versa. Government rules and regulations are mandatory to comply by the companies operated under the jurisdiction of that government. Following two laws are associated with compensation a-Equal Pay Act of 1963 and b- Fair Labor Standards Act (FLSA),. Yes these laws are federal laws and still applicable to the workforce.
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