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New pay bill could spell big trouble for businesses
www.whatsnewinbenefitsandcompensation.com ^ | 10/13/2010 | Jared Bilski

Posted on 10/14/2010 9:13:13 AM PDT by kbobdelux

Heads up: The Paycheck Fairness Act (PFA) is back on the table. Should it pass, the PFA will likely make employers’ lives much harder. Where it could hurt you

The Society for Human Resource Management recently highlighted four major areas of concern for companies. The bill would:

• make employers liable for unlimited punitive damages under the Fair Labor Standards Act – even for unintentional pay disparities

• eliminate current limits on the amount of back pay and punitive and compensatory damages employees can receive

• wipe out the requirement that employees must give written consent to become a party in an Equal Pay Act class action – setting the stage for more class action lawsuits against employers, and

• limit an employer’s flexibility to pay workers based on current law criteria (cost-of-living differences among geographic locations, different work responsibilities, etc.)

The bill has been criticized by business groups such as the U.S. Chamber of Commerce, and opponents feel the unlimited damages provision has the potential to destroy smaller businesses.


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: democrats; economy; employers; equalpayact; fail; fairlabor

1 posted on 10/14/2010 9:13:18 AM PDT by kbobdelux
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To: kbobdelux

More business owners are going to go Gault.


2 posted on 10/14/2010 9:16:17 AM PDT by Dan(9698)
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To: kbobdelux

What’s wrong with leveling the playing field and providing Social Justice through government regulation? < / Sarc Mega Sarc Ridicule


3 posted on 10/14/2010 9:19:32 AM PDT by SandRat (Duty, Honor, Country! What else needs said?)
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To: kbobdelux

This is another attempted scam and economic assault on business by lawyers and liberal politicians.


4 posted on 10/14/2010 9:20:58 AM PDT by socialism_stinX (He pays his mortgage, took no TARP money, and hasn't dumped a dollar of toxic assets on taxpayers.)
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To: kbobdelux

More regs, more litigation, more uncertainty. But why aren’t these companies hiring?


5 posted on 10/14/2010 9:22:11 AM PDT by Drill Thrawl (Palin Haley O'Donnell - mmm mmmm mmmmmmmmm)
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To: kbobdelux

Arguing for lower tax rates is all well and good, but it’s this type of nonsense that really puts a chilling effect on commerce.


6 posted on 10/14/2010 9:22:54 AM PDT by MichaelCorleone
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To: kbobdelux

Didn’t Pravda comment on these policies 50 years ago.....regarding the Soviet Union!!!!?????


7 posted on 10/14/2010 9:26:18 AM PDT by G Larry
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To: kbobdelux
By the time the One and his henchmen get done there won't be anyone working except the teachers and the lawyers? Trouble is without industries and businesses there won't be anywork for either one of them? Obama and company are just totally ignorant, here and everywhere!?
8 posted on 10/14/2010 9:31:04 AM PDT by zbogwan2
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To: kbobdelux

This bill is obviously to encourage people to have more children and larger families. Because only trusted family members will be hired to work at any company.


9 posted on 10/14/2010 9:37:07 AM PDT by Waryone (RINOs, Elites, and Socialists - on the endangered list, soon to become extinct.)
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To: kbobdelux

This is one the most commie bills I’ve ever heard of.


10 posted on 10/14/2010 9:44:04 AM PDT by BuffaloJack (The Recession is officially over. We are now into Obama's Depression.)
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To: kbobdelux

I will close my two businesses and shutdown until Capitalism is restored.

LLS


11 posted on 10/14/2010 9:46:40 AM PDT by LibLieSlayer (WOLVERINES!)
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To: kbobdelux
Companies will become ever more cautious about hiring. Expect more temporary help and fewer jobs. Higher unemployment. Export as much work as possible to jurisdictions who don't have these burdens on capital.
12 posted on 10/14/2010 9:49:48 AM PDT by April Lexington (Study the Constitution so you know what they are taking away!)
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To: kbobdelux

....:(.....


13 posted on 10/14/2010 10:24:16 AM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: kbobdelux

The Democrat Party.

Making Life Fair, one 7000 page bill at a time....


14 posted on 10/14/2010 10:31:46 AM PDT by Buckeye McFrog
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To: kbobdelux

Bump.


15 posted on 10/14/2010 10:43:11 AM PDT by GlockThe Vote
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To: kbobdelux

*sigh* bump


16 posted on 10/14/2010 10:49:41 AM PDT by gibsosa
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To: April Lexington

Expect more temporary help.Looks like Bill Gates was on track when he made all employees at Microsoft temps only?.


17 posted on 10/14/2010 10:56:24 AM PDT by Vaduz
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To: LibLieSlayer

Do I understand this correctly?

Is every business supposed to pay everyone equally?

The janitor in the hospital gets the same wages as the brain surgeon or head administrator?

If so- I don’t see paying the janitor the same money as my higher skilled employees.

I only see telling my higher skilled employees that I cannot pay them more than the janitor——the Congress says so.

Am I mistaken?

please clarify. Thx.


18 posted on 10/14/2010 1:16:13 PM PDT by ridesthemiles
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