Skip to main content
Business LibreTexts

11.2: Introduction to The Law and Compensation

  • Page ID
  • What you’ll learn to do: Discuss the laws regulating compensation

    Compensation legislation is intended to address chronic issues of worker exploitation and pay inequity during (and since) the Industrial Revolution. In this section, we’ll discuss two pieces of landmark compensation legislation: the Fair Labor Standards Act of 1938 and the Equal Pay Act of 1963.

    Cropped image a of a statue of justice personified as a woman. In one hand she is holding a sword, in the other she is holding scales. She is also blindfolded.
    CC licensed content, Original
    • Introduction to The Law and Compensation. Authored by: Nina Burokas. Provided by: Lumen Learning. License: CC BY: Attribution
    CC licensed content, Specific attribution