The FLSA mandates minimum wage, overtime pay, recordkeeping, and youth employment standards. Employers must ensure compliance to avoid costly penalties.
Federal Insurance Contributions Act (FICA Taxes)
FICA taxes fund Social Security and Medicare. Employers must withhold these taxes from employees’ wages and contribute a matching amount to ensure compliance.
FUTA taxes provide unemployment benefits. Employers are responsible for paying these taxes to support laid-off workers, ensuring timely and accurate payments.
The EPA requires equal pay for equal work, regardless of gender. Employers must ensure wage practices are non-discriminatory to comply with this law.
The Davis-Bacon Act mandates prevailing wage rates for federal construction projects. Employers must adhere to these rates to ensure compliance.