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Cshowalter
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Requires that mechanics and laborers on public construction projects be paid the "prevailing wage" in an area
1931 Davis-Bacon Act
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Currently, the SEC requires companies that have more than 10 million ub assets and whose securitites are publicly traded and held by more than 500 owners to periodically report information, which is available to public.
1934 Securities Exchange Act
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Extends prevailing-wages hours of work, overtime premium; prohibits child labor
1938 fair labor act
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Equal pay required for men and women doing "substantially similar" work in terms of skills, effort and responsibility and working conditions
1963 Equal pay act
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prohibits discrimination in all employment practices on basis of race,sex, color, religion, or national origins
1964 Title VII if civil rights Act
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Prohibits discrimination by federal contractors and subcontractors in all employment practices ; race, sex, color, religion
1965 Executive Order
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Protect employees age 40 and over against age discrimination
1967 Age Discrimination in employee act (ADEA)
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Pregnancy must be covered to same extent that other medical conditions are covered
1978 Pregnancy discrimination Act
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Requires that "essential elements" of a job be called out. if a person with a disability can perform these essential elements, reasonable accommodation must be provided
1990 Americans with Disabilities Act
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Increase border of proof on employers to rebut some discrimination claims. Strong remedies available in cases of international discrimination
1991 civil rights act
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Requires employers to provided up to 12 weeks unpaid leave for family and medical emergencies
1993 Family and medical leave act
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Income from most stock plans need not be included in calculating overtime pay
2000 worker economic opportunity act
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Executives cannot retain bonuses or profits from selling company stock if they mislead the public about the financial heath of the company
2002 sabanes-oxley act
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Value of all employee stock options must be expended at estimates of fair value on financial statements
2004 financial accounting standards board statment
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Adopts enhanced executive compensation disclosure requirements. example, the compensation discussion and analysis in the proxy statment must address the objectives and implementation of executive compensation programs
2006 Securities exchange commission
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Employers can be liable for current pay differences that are a result discrimination (under title VII) that occurred many years later
2009 Lilly ledbetter fair pay act
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Gives Sec authority to grant shareholders proxy access to nominate directors
2010 Nominating Directors
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Standards for listing a company on an exchange will require that compensation committees include only independent directors
2010 Independent Compensation Committees
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Requires public companies to set policies to allow executives compensation to be taken back if it was based on inaccurate financial statments that didnt comply with accounting standards
2010 Clawbacks
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Direct sec to develop additional disclosure rules
2010 Executive compensation disclosure
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