South Carolina Equity Compensation Plan

State:
Multi-State
Control #:
US-CC-7-867
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Equity Compensation Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

The Equal Pay Act requires that men and women in the same workplace be given equal pay for equal work. The jobs need not be identical, but they must be substantially equal. Job content (not job titles) determines whether jobs are substantially equal.

To prohibit discrimination on account of sex in the payment of wages by employers engaged in commerce or in the production of goods for commerce. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Equal Pay Act of 1963."

Pay equity is the concept of compensating employees who have similar job functions with comparably equal pay, regardless of their gender, race, ethnicity or other status.

How to implement effective pay equity policies in the workplace Set salary bands and levels early. And stick with them. ... Be transparent. Speaking of public ? ... Prioritize data. ... Create a structured process opportunities for salary increases. ... Treat new hires and existing employees the same.

(A) An employer may not discriminate against an employee on the basis of gender by paying wages to an employee at a rate less than that paid within the same agency to another employee of a different gender for the same or substantially similar work on jobs in which the employee's performance requires equal skill, ...

The Payment of Wages Act (Act) establishes a procedure to inform employees of their terms of employment, to include hours of work, wages agreed upon, employee benefits, time and place of payment an itemized statement of gross wages and deduction; and to assure employees are paid ing to the terms of their ...

The Equal Pay Act requires that men and women in the same workplace be given equal pay for equal work. The jobs need not be identical, but they must be substantially equal. Job content (not job titles) determines whether jobs are substantially equal.

SECTION 1. This act may be cited as the "Act to Establish Pay Equity". SECTION 2. It is the intent of the General Assembly to ensure that all employees are paid fairly at work and that no employees take home a lower wage as a result of their race, religion, color, sex, age, national origin, or disability status.

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South Carolina Equity Compensation Plan