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NEW QUESTION: 1
As a HR Professional you must understand the laws and regulations, which affect employee compensation. Which of the following was the first to address a minimum wage for employees?
A. Fair Labor Standards Act
B. Portal-to-Portal Act
C. Walsh-Healey Public Contracts Act
D. Davis-Bacon Act
Answer: D
Explanation:
Explanation/Reference:
Answer option A is correct.
In 1931, the Davis-Bacon Act, was the first piece of legislation to actually establish a minimum wage. The act was, however, limited to the construction industry.
Answer option B is incorrect. The Walsh-Healey Public Contracts Act, addressed contractors with the federal government that exceed $10,000 to pay an established minimum wage to workers, employed through the contract. This act was passed in 1936.
Answer option C is incorrect. The Fair Labor Standards Act, was passed in 1938, addressed minimum wage, overtime pay, child labor, and record keeping.
Answer option D is incorrect. The Portal-to-Portal Act of 1947, clarified hours of working for the purpose of minimum wage and overtime pay.
Reference: PHR Exam Prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter Six: Total Rewards.
Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.
Chapter: Compensation and Benefits
Objective: Compensation
NEW QUESTION: 2
Which of the following budgets must be prepared first?
A. Selling and administrative expenses budget.
B. Production budget.
C. Sales budget.
D. Cash budget.
Answer: C
NEW QUESTION: 3
A. 1:15
B. 1:20
C. 1:50
D. 1:10
Answer: A
NEW QUESTION: 4
A. Option A
B. Option B
C. Option C
D. Option D
Answer: C
Explanation:
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