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  2. Prevailing wage - Wikipedia

    en.wikipedia.org/wiki/Prevailing_wage

    Federal rates are calculated based on regulations established by the US Department of Labor.According to Code of Federal Regulations, "The prevailing wage shall be the wage paid to the majority (more than 50 percent) of the laborers or mechanics in the classification on similar projects in the area during the period in question.

  3. Walsh–Healey Public Contracts Act of 1936 - Wikipedia

    en.wikipedia.org/wiki/Walsh–Healey_Public...

    The Walsh-Healey Act that applies to U.S. government contracts exceeding $15,000 for the manufacturing or furnishing of goods. Walsh-Healey establishes overtime pay for hours worked by contractor employees in excess of 40 hours per week, and sets the minimum wage equal to the prevailing wage as determined by the Secretary of Labor.

  4. General Schedule (US civil service pay scale) - Wikipedia

    en.wikipedia.org/wiki/General_Schedule_(US_civil...

    The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs. Although never the intent, the GS pay scale does a good job of ensuring equal pay for equal work by reducing pay gaps between men, women, and minorities, in accordance with another, separate law, the Equal Pay Act of 1963.

  5. Davis–Bacon Act of 1931 - Wikipedia

    en.wikipedia.org/wiki/Davis–Bacon_Act_of_1931

    Sen. James J. Davis (R-PA) and Rep. Robert L. Bacon (R–NY-1), the co-sponsors of the Davis–Bacon Act. The Davis–Bacon Act of 1931 is a United States federal law that establishes the requirement for paying the local prevailing wages on public works projects for laborers and mechanics.

  6. United States labor law - Wikipedia

    en.wikipedia.org/wiki/United_States_labor_law

    While contracts often determine wages and terms of employment, the law refuses to enforce contracts that do not observe basic standards of fairness for employees. [108] Today, the Fair Labor Standards Act of 1938 aims to create a national minimum wage, and a voice at work, especially through collective bargaining should achieve fair wages.

  7. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    The basic salary, often referred to as the base or fixed salary, is the set amount that an employee receives for their standard work. This figure does not include extra compensation such as bonuses or benefits. The total compensation package includes a crucial component that is usually represented as an annual, monthly, or hourly rate.

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  9. Hourly worker - Wikipedia

    en.wikipedia.org/wiki/Hourly_worker

    An hourly worker or hourly employee is an employee paid an hourly wage for their services, as opposed to a fixed salary. Hourly workers may often be found in service and manufacturing occupations, but are common across a variety of fields. Hourly employment is often associated but not synonymous with at-will employment.

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