List and describe three federal laws that impact compensation policies and programs. What will be ...

The Fair Labor Standards Act (FLSA) establishes minimum wage and overtime pay standards. Most hourly positions are entitled to the basic minimum wage, but state and local laws may set a higher minimum, and tipped employees can be paid less when tips bring their wages up to the minimum. Overtime, 1.5 times the normal hourly rate, must be paid when nonexempt employees work more than 40 hours in a week. Managers must monitor compliance with wage and hour requirements.

The Consumer Credit Protection Act (CCPA) prohibits employers from terminating or disciplining employees when wages must be paid to a third party via levy or garnishment.

The Equal Pay Act (EPA) makes it illegal to pay different wages to men and women for equal work in the same workplace. Equal jobs require equal levels of skill, effort, and responsibility under similar conditions.