Equal Pay Act Concepts and Compliance

The video discusses the impact of sex discrimination on wages and labor resources, highlighting the Equal Pay Act of 1963, which mandates equal pay for equal work regardless of gender. It covers the criteria for job content comparison, including skills, effort, and responsibility, and explains the concept of establishment in determining compensation. The importance of compliance, documentation, and merit-based systems is emphasized to avoid legal consequences and improve employee morale. Violating the EPA can result in fines, lawsuits, and negative media exposure, while compliance leads to higher productivity and a larger talent pool.

What year was the Equal Pay Act passed?

• 1963

• 1980

• 1960

• 1970

Which of the following is NOT covered under the Equal Pay Act?

• Overtime pay

• Stock options

• Employee uniforms

• Health insurance

What is a key factor in determining if two jobs are substantially equal?

• Job title

• Skill, effort, and responsibility

• Employee preference

• Company size

If an employee has a PhD that is not required for the job, how does it affect job equality under the EPA?

• It makes the job unequal

• It decreases the pay

• It has no effect

• It increases the pay

What determines if different working conditions justify different compensation?

• Job title

• Physical surroundings and hazards

• Company policy

• Employee age

How is an 'establishment' defined under the EPA?

• A department within a company

• A single building

• A specific physical space occupied by the business

• A company with multiple locations

What should be documented to ensure compliance with the EPA?

• Job duties and reasons for pay differences

• Employee hobbies

• Company profits

• Employee birthdays

What must happen if a pay inequity is discovered under the EPA?

• Increase the lower-paid employee's salary

• Decrease the higher-paid employee's salary

• Fire the higher-paid employee

• Ignore the issue

What is a potential consequence of violating the EPA?

• Increased employee morale

• Fines and lawsuits

• Higher productivity

• Access to more talent

What is a benefit of complying with the EPA?

• Negative media exposure

• Loss of talented employees

• Higher employee morale

• Decreased efficiency